Since the inception of IT in India which was around 1980's, Information Technology is gaining moementum and is now a prominent part of Indian Economy.
According to NASSCOM India will be sharing about 45% of IT stakes in Global markets by 2010.There are ample proofs which shows that India is capable of meeting the above mentioned figure very soon.
Points leading to this immense growth rate :
- Skilled manpower in IT segments.
- Affordable manpower.
- Advanced system of education.
- Dominancy of English Language. etc.
But the antagonistic side is the competition India is facing from China, Phillipines and Thailand. These countries too have become the IT hub for outsourcing.