Transcript RDBMS

Growth of IT Industry in India
Opportunities
&
Challenges
By: Abhishek Goyal
Factor in favour of India
• Abundant availability of skilled manpower
• Reduced telecommunication and internet costs
• Reduced import duties on software and hardware
products
• Cost advantages
• Encouraging government policies
Major categories
• Software Development
• Design of computer Systems
• Networking technologies like 3G & 4G
• Hardware
• Multimedia
• Cloud Computing
Domains
• Finance (Banks)
• Telecom (Mobile)
• Infrastructure etc.
• Web – based Technology
• KPO
• Media and entertainment
• Tele-communication
• Retails
• Online- selling (E-commerce)
• Logistics Management
• Supply chain Management
• Biotechnology
• Banking
• Social Networking
Areas for Growth
• Exports
• Employment
• FDI (Foreign Direct Investment)
Sources estimates
• IT services will contribute over 7.5 % of the overall GDP.
• IT Exports will account for 35% of the total exports with potential
for 2.2 million jobs in IT by 2008-09.
• IT industry will attract Foreign Direct Investment (FDI) of U.S. $
4-5 billion.
• Market capitalization of IT shares will be around U.S. $ 225
billion.
Economic Progress
•The share of India's IT industry to the country's
GDP increased from 4.8 % in 2005-06 to 7% in
2008.
•In 2009, seven Indian firms were listed among the
top 15 technology outsourcing companies in the
world.
•In March 2009, annual revenues from outsourcing
operations in India amounted to US$60 billion
•Annual revenues is expected to increase to
US$225 billion by 2020
Challenges
• Globalization Effect
• Threat from other countries
• Erosion of profit margins
• Impact of US economy
• Sustaining of Quality
Conclusion
• IT industry needs to co-ordinate with the
academic circles as well as other industries.
• Better performance and improved productivity.
• FDI flow should be Encouraging.
• We need to be competitive.
• Best resource utilization should be there.
• India IT industry should expand its potential to
other countries besides US
Questions ?
Thank you
Contact:
[email protected]