Transcript Updated India - Department of Computer Information Systems

Country Project - INDIA
By
Sunita Arora
Country Background
Demography
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Population - ~ 1.3 Billion
Agricultural-based society
Language – 650 dialects; Hindi–30%;
English-2%
Religion – Hindus (81.3%), Muslim (12%),
Christians (2.3%), Sikh(1.9%),Other
(2.5%).
History
• Pre-Independence – Conquerors, rulers
• Post-independence – Pakistan, domestic
issues
Culture and Education
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Co-existence of Individualism and
Collectivism
An idealistic bent of mind
Nationalism
Attitude towards time
Hierarchical Culture
Education – hand-in-hand with
culture
Hofstede Dimensions
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Hofstede MAS – 56 versus w. a 51.
Hofstede UAI – 40 versus w.a 65.
Hofstede PDI – 77 versus 56.5.
Hofstede IND - More collectivist than
individualistic.
Economic History
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Import Substitution – ‘Swadeshi”
movement; wall of protective measures to make
imports uncompetitive
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Permit Raj – Complex system of licensing and
controls, high tariffs and quotas
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Planned Development – Industrial Policy
Resolution, nationalizing financial sector, save the
“sick units”
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Export Policy – Relationship with Soviet
Union to achieve export-led growth.
Path to Globalization
• Gradual “Washington Consensus” –
Market reform policies, remove import and
licensing restrictions, reduction of public
sector, allowances to private banks
• Success and Failure of “Consensus”
Reform: 1995-2003 – 6% economic
growth, slowed once the initial crisis passed.
The Turning Point…
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Growth of IT
• Impetus on higher education
• “Brain drain” now turned to “Brain supply”
• More than 40% of F500 companies outsourced
in 2002
• Software exports and services – 2% of GDP,
expected to rise to 7% and make up 30% of
Foreign Exchange Inflows
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Privatization
• Ministry of Disinvestment
Role of Government in IT Industry
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Department of Information
Technology, Ministry of
Communications and Information
Technology
National Taskforce on IT and
Software Development
Intellectual Property Protection
Hi-tech parks
Why Invest in India?
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Sixth place among top 10
outsourcing locations.
Low-cost, English-speaking and ITsavvy labor force.
Steady GDP growth, improving
infrastructure.
Large market potential.
Welcoming social structure.
Conclusion
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India is now the home of technological
innovations for almost all leading
companies in many industries.
India looses ~ 100,000 professionals to
the US but still has ~ 1 million students
enrolled in technical programs per year.
India that is on the move – an India that
now rapidly advances to prosperity. It is
about an India that banishes poverty and
builds on its great resource base, the
strength of its human capital and the
immense reservoir of its knowledge.
Questions?
Thank you for your patience
and attention!