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Article: INDIRA GANDHI REBOOTED.
- Article from:
- Mail Today (New Delhi, India)
- Article date:
- October 31, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INDIA's software and outsourcing industry is projected as one of the poster boys of economic liberalisation unleashed in 1992. The sector witnessed exponential growth through the 1990s, and the industry took off with gusto in the post-2000 period. The combined revenue of the Indian information technology and business process outsourcing industry during the current fiscal is projected to cross $70 billion -- which is 5.8 percent of the Gross Domestic Product. Exports alone will account for revenue worth $47 billion. Undoubtedly, this sector has emerged a major contributor to economic growth, urban employment and exports in recent years. This growth has made India a ...
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