A Study of Computer Hardware and Software Services Exports of India
|
|
- Johnathan Johns
- 8 years ago
- Views:
Transcription
1 4 A Study of Computer Hardware and Software Services Exports of India G. V. Vijayasri, Research Scholar, Department of Economics, Andhra University, Visakhapatnam, Andhra Pradesh, India ABSTRACT The Computer Hardware and Computer Software Services exports have been widely studied and also examine the production, Changes in the direction of Computer Hardware and Computer Software Services Exports and also study the major items and companies wise Exports of Computer Hardware and Computer Software Services. To assess the status of the Exports, relevant data and information have been collected from secondary sources.. It is shown that the software and service sector not only contributes significantly to export earnings and GDP but also emerges as a major source of employment generation in the country. Besides, the information technology (IT) sector has served as a fertile ground for the growth of a new entrepreneurial class with innovative corporate practices and has been instrumental in reversing the brain drain, raising India s brand equity and attracting foreign direct investment (FDI) leading to other associated benefits.. Middle East countries remain the top destination of export for Computer Hardware during the year Personal Computer has emerged to be the top item of export during the year While the Computer Hardware sector in India is currently small, there are several advantages that India offers that can be effectively leveraged to achieve higher growth. Keywords: Information Technology, Exports, Computer Hardware and Software Services, Production INTRODUCTION: Information Technology (IT) is the industry, which through the use of computers and other supporting, equipment helps in the spread of knowledge. The term information technology includes computers and communication Technology along with associated software. Information Technology (IT) is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a micro-electronicsbased combination of computing and telecommunications. IT is the technology (hardware & Software) requires for the processing of data and other information. IT is a term that encompasses all forms of used to store, exchange and use information in its various forms (business data, voice conversations, still images, motion pictures, multimedia presentations, and other forms including those not yet conceived). It is a convenient term for including both telephony and computer technology in the same word. It is the technology that is driving what has often been called the information Revolution. Information Technology for some time was synonyms to computers. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several industries are associated with information technology, such as computer hardware, software, electronics, semiconductors, internet, telecom equipment, e-commerce and computer services. The basic distinction in IT is between hardware and software. The Computer Hardware and Computer Software/ Services industry, a comparatively new entrant in India s export horizon, has emerged as a fore-runner among all industries and has been consistently trading on a high growth path in recent years. Every computer consists of hardware and software. Both the hardware and the software are very important for the way in which the computer operates. Any problem that might occur within the function of computer hardware or software influences the way in which the computer functions. This is why it is very important for all of us to become aware of what our computer consists of and how its components operate so as to be able to overcome certain problems that might occur within our PC. The hardware is considered the most important part within a computer because even the software is influenced by it. This is way it is very useful to know about the importance of computer hardware so as to become aware of the necessity of buying good quality components for our PC so that it might function properly. OBJECTIVES: 1. To analyse the performance of India s Software and Hardware Industry. 2. To analyse the changes in the direction of India s computer Software and Computer Hardware exports
2 5 3. To examine the trends in Computer Software and Computer Hardware production and exports of India A multi-pronged approach has been adopted for the study on Computer Hardware and Computer Software Services Exports of India. To assess the status of the Exports, relevant data and information have been collected from secondary sources. This secondary data was collected from Electronics and Computer Software Export Promotion Council of India (ESC). This paper makes an attempt to delineate various dimensions of Computer Hardware and Software services exports from India. SERVICES AND SOFTWARE VS. HARDWARE The services and software segment of IT industry in India is more robust than its hardware counterpart. India has become one of the most favoured destinations for sourcing software and ITES. The revenue of IT services & software and ITES-BPO taken together reached US $ 22.2 billion during out of which US $ 17.3 billion was earned through export. India ranks high in comparison to its competitors such as China, Philippines, Ireland, Australia, Canada, etc., in various parameters such as quality of the labour pool, cost advantage, linguistic capabilities, project management skills, and overall quality control. In addition, India is able to offer a 24x7 services and reduction in turnaround times by leveraging time zone differences. India's unique geographic positioning makes this possible. Emerging as one of the key investment markets in the country, the ITES-BPO segment of the industry is on a rapid growth path. This segment generated revenue of US $ 5.7 billion in , representing a growth of 46% over the previous year. Although 90% of the revenue is generated through export, there has been tremendous growth in domestic market as well. The size of domestic market in the ITES-BPO segment increased from US $ 300 million in to US $ 600 million in Hardware segment of the IT industry in India has not shown the same level of progress as experienced by ITES and software (It is also true that hardware segment of the IT industry has not received the kind of government support received by its other counterparts. Complications in the local indirect tax structure and high rates of excise and sales taxes have only added to the industry's woes. It is also evident from the fact that while pharmaceutical and automobile companies are encouraged to do R&D through a 150% write- off on expenditure, no such facility has ever been extended to hardware. Again, while labour laws have been amended for IT services & software and ITES-BPO segment, no such initiative has been taken for the hardware segment). Profitably manufacturing semiconductors and other sophisticated hardware components typically requires infrastructure, large scale investments in capacity, and accumulated experience that India does not possess, and is not in a position to acquire easily (Singh, 2002). However, India does perform numerous hardware assembly tasks internally, almost entirely for the domestic market. Hardware components are typically imported from the Southeast or East Asian countries. As was the case with several East Asian countries, it is also possible for India to transform its capability from assemblers of sophisticated components produced elsewhere to producer of hardware through learning by doing. The design of hardware typically involves the development and use of appropriate software codes, therefore, hardware design could be a promising area for the Indian IT sector. It is imperative that India should focus on the areas where software expertise matters more than the manufacturing infrastructure. Obviously, it will still require significant improvement in infrastructure, broader labour law reform, and careful assessment of market demand. As Desai (2000) pointed out, there is a need for flexible labour laws not only to boost hardware segment of the industry but also to realize full benefits of growth in India's IT sector. In fact, a flexible and transparent regime of labour laws would contribute to increased employment and productivity and, therefore, appropriate legislation would be in the interest of both workers and manufacturers (Rigidity in labour laws is one of the main reasons of sluggish growth in employment in India. It is amazing to know that India's employment elasticity of output growth is declining dramatically, e.g., from 0.52 during to 0.16 during Therefore, the growth rate of employment declined from 2.7% per annum during to 1.1% during when the growth of output, i.e., GDP, accelerated from 5.2% to 6.7% per annum). Production of computer hardware increased from Rs crore (US$ 3286 million) estimated in the year to Rs crore (US$ 3438 million) in the year Production of computer hardware registered a growth of 10 percent (5 percent in US$ terms) in the year Production of Computer Hardware has been growing at an annual average growth rate of 5.21 percent (3 percent in US$ terms) during the past five years. The production of Computer Software Services increased from Rs crore (US$ million) estimated in the year to Rs crore (US$ million) in the year Export of Computer Hardware registered a steep decline of percent (28.76 percent in US$ terms) during the year over the year In value terms export of Computer Hardware is estimated to be Rs crore (US$ 285 million) during down from Rs crore (US$ 401 million) in The Export of Computer Software Services increased from Rs crore (US$ million) estimated in the year to Rs crore (US$ million) in the year
3 6 COMPUTER SOFTWARE INDUSTRY IN INDIA The rapid growth of ITES-BPO and the IT industry as a whole has made a deep impact on the socio-economic dynamics of the country. The total IT Software and Services employment has grown from 284,000 in to 1.63 million in and expected to reach 2.0 million marks in (excluding employment in Hardware sector). The indirect employment attributed by the sector is estimated to about 8.0 million in the year Hence, Indian Software industry can continue to have manpower led growth creating large scale employment. It is a well known fact that export oriented software and service sector is indeed the driving force of Indian IT industry and it is widely held as the engine of growth and earner of foreign exchange. Its share in total software industry has increased from per cent in to per cent in At an annual growth rate of 50 per cent over the last decade ( ), the Indian software and service sector has expanded faster than in any other Countries of the world of comparable size (Raghavan and Nair, 2001). Software is a knowledge driven industry. It requires a team of highly skilled professionals for its success. Today, the Indian IT Services and ITES sector employs over 25 lakh knowledge professionals during the past five years. Almost all major IT players in the world have set up subsidiaries or collaborations in India. The major attraction being an "abundance of technically qualified and cheap software manpower". This may have been the case before the start of the growth phase, but now there is, in fact, an acute shortage of qualified and trained manpower. This is getting reflected in the spiralling salaries (one of the highest average starting salary today), and more importantly, a frequent job-hopping culture. India, today have 7 Indian Institute of Technologies (IITs) and over 300 other Regional Engineering colleges / private colleges imparting IT education. As per a study approximately 5, 00,000 people are needed every year to meet the growth targets of the software industry. However, the total production from education and training institutions today is only about a third of this. Thus, India has established a definite superiority in software services production. Recognizing the enormous significance of the Indian IT sector especially software export. COMPUTER HARDWARE INDUSTRY IN INDIA: The computer hardware& peripheral industry showed lacklustre performance during SMEs, retail, BPO/IT-enabled services and corporate sectors demonstrated restraint in IT purchases due to concerns of liquidity and general economic performance. The demand for Personal Computers (PCs) has remained sluggish. Deteriorating overall business condition has made a dent on demand in , which is reflected in the decelerated growth rate in production of computer hardware. Most hardware companies import almost 70 percent of their raw material requirement. Depreciation in the Indian rupee adversely affected the raw material cost and continued to impact the industry margins and arrested the price drops in IT products. The overall PC sale for is expected to drop to 6.78 million as against 7.34 million during The production figure for this segment for the year is estimated to be Rs. 13,490 crore with growth plummetingby15percent. A total of 5.27 million desktops and 1.5 million notebooks estimated to be consumer in Desktop sales estimated to decline by 4% while that of notebooks 21%. The slowdown in consumption can be attributed to the dampening of consumer sentiment in India due to the global economic crises, especially in the second-half of The total PC sales during the first half of (April - September 2009), with desktop computers, notebooks and net books taken together, were 3.71 million units, registering a growth of about one percent over the corresponding period in the last fiscal year. Out of this total PC sale, the total sale of desktops is estimated at 2.61 million and that of notebooks & net books at 1.1 million. While desktop sales have declined by 11%, that of notebooks & notebooks have grown by 43% over the same period of last year. In the enterprises, the overall consumption in the PC market was led by telecom, banking and financial service sectors, and education and households segments. Verticals such as BPO/IT-enabled services, retail and the Government, which traditionally account for significant proportion of the IT market, were very conservative in their IT spends in First half (April- September) of India is one of the fastest-growing IT systems adoption of non traditional businesses like and hardware market in the Asia-Pacific education, retail, healthcare & hospitality, etc. region. Most of the prominent global vendors and some locals have strong presence in the Indian market. Most MNCs have their assembly units in India. PC sales are expected to record a growth of 12 from Rs crore (US$ 3042 million) per cent in to touch 9.7 million. The estimated in the year to Rs Notebook sales are estimated to be 3.5 million crore (US$ 3286 million) in the year in against 2.5 million in , a growth of 40 per cent. This shows that Notebooks have caught the fancy of the consumers. Desktop sales are expected to reach 6.2
4 7 million in against 5.5 million in , a growth of 12.7 per cent. As regards servers, sales posted a growth of 41 per cent during second quarter on account of the easing of the Economic slowdown. Establishments which had been postponing their major IT purchases in last few quarters are now ready to invest in IT, which could be the major reason for the growth in the server sales. The Server market is expected to register positive growth in the future as the Server market expands to smaller cities and Small and Medium Businesses (SMBs). The small city growth is largely fuelled by the larger organizations strengthening their base in smaller cities on account of cost advantages. The SMB growth is largely fuelled by the India is one of the fastest-growing IT systems adoption of non traditional businesses like and hardware market in the Asia-Pacific education, retail, healthcare & hospitality, etc. PRODUCTION OF COMPUTER HARDWARE& SOFTWARE SERVICES The Table 1 represents the production of computer hardware increased from Rs crore (US$ 1960 million) estimated in the year to Rs crore (US$ 2440 million) in the year The production of Computer Software Services increased from Rs crore (US$ 22058million) estimated in the year to Rs crore (US$ million) in the year Table: 1Growth in Production of Computer Hardware& Software Services Year Computer Software& Services Computer Hardware Rs. Crores US$MLN Rs. Crores US$MLN Source: Electronics and Software Export Promotion Council, Statistical Year book, different years. Production of Computer Hardware& Software Services Computer Software& Services(Rs Crores) Computer Hardware(Rs Crores) Production of computer hardware increased from Rs crore (US$ 3286 million) estimated in the year to Rs crore (US$ 3438 million) in the year Production of computer hardware registered a growth of 10 percent (5 percent in US$ terms) in the year Production of Computer Hardware has been growing at an annual average growth rate of 5.21 percent (3 percent in US$ terms) during the past five years. The production of Computer Software Services increased from Rs crore (US$ million) estimated in the
5 8 year to Rs crore (US$ million) in the year EXPORTS OF COMPUTER HARDWARE& SOFTWARE SERVICES: The following table indicates that the Export of Computer Hardware registered a growth of per cent (-14.6 per cent in US$ terms) during the year over the year In value terms export of Computer Hardware estimated to Rs crore (US$ 267 million) up from Rs crore (US$ 313million). The Export of Computer Software Services increased from Rs crore (US$ million) estimated in the year to Rs crore (US$ million) in the year Table: 2 Growth in Exports of Computer Hardware& Software Services Year Computer Software& Services Computer Hardware Rs. Crores US$MLN Rs. Crores US$MLN Source: Electronics and Software Export Promotion Council, Statistical Year book, different years. Exports of Computer Hardware& Software Services Computer Software& Services(Rs.Crores) Computer Hardware(Rs. Crores) Export of Computer Hardware registered a steep decline of percent (28.76 percent in US$ terms) during the year over the year In value terms export of Computer Hardware is estimated to be Rs crore (US$ 285 million) during down from Rs crore (US$ 401 million) in The Export of Computer Software Services increased from Rs crore (US$ million) estimated in the year to Rs crore (US$ million) in the year DIRECTION OF COMPUTER SOFTWARE SERVICES The following table indicates that there is also evidence to suggest that the export market is becoming more diversified. Table 3 indicates North America remains the top destination for India s Computer Software/ Services Export up to Export to this region registered a growth of 7.46 % (11.89 % in US $ terms) during over In value terms, export of computer software/services to North America increased from Rs.
6 crore estimated in to Rs crore estimated in , while EU countries increased from Rs crore estimated in to Rs crore estimated in Table:3 Changes in the direction of Computer Software/Services exports (including BPO) (Rs Crores) Destination Singapore, Hongkong & other South Asian Countries Europe (EU countries) (3.63) (22.79) 1950 (3.36) (25.09) (3.08) (27.36) 2800 (2.67) (25.71) 4500 (3.08) (27) 6500 (3.71) (26.7) (2.85) (30.5) 8000 (3.31) (31.33) 8400 (3.2) (31.16) North America (63.78) Middle East countries Japan Korea& other Far East Countries Australia & Other Ocean Countries (1.49) (4.44) African countries (1.37) Russia and C.I.S countries Australia & Other Ocean Countries 4.65 (0.01) (1.36) (61.68) 681 (1.17) 3110 (5.36) (1.07) 2.31 (0) (1.29) (61.09) (1.55) (3.41) (1.6) 0.58 (0) (1.42) (62.1) 1300 (1.24) 3200 (3.05) 2200 (2.1) 25 (0.02) 425 (0.4) (61.72) (1.55) (2.27) 710 (0.49) (0.06) (1.69) (61.5) (1.31) 4900 (2.8) 1000 (0.57) (0.07) 2975 (1.7) (58.42) (3) (1.2) (1) (0.08) (1.7) (56.54) 6200 (2.56) 3100 (1.28) 2700 (1.12) 250 (0.1) 4100 (1.69) (56) 7875 (3) 3413 (1.3) 3150 (1.2) 886 (0.34) 4463 (1.7) Latin America (0.11) (0.12) 82.9 (0.11) 350 (0.33) (0.22) 610 (0.35) (0.15) 2300 (0.95) 2625 (1) Europe (Non EU Countries) (1.02) (0.84) (0.38) 2500 (2.38) (1.93) 2250 (1.29) (1.1) 2700 (1.12) 2888 (1.1) Total Source: Electronics and Software Export Promotion Council (ESC), Statistical Year book, different Years Note: Figures in brackets show the percentage of Sectoral Total The share of North America traditionally the leading destination of India s Computer Software exports has declined by more than 7 percentage points since 2002, while that of EU countries exports has increased by more than 8 percentage points since EU, South Asian Countries, Middle East Countries remains the 2 nd, 3 rd, 4 th, 5 th, and 6 th top destination respectively during the year as well. Export to Middle East Countries registered a high growth of 27% (32% in US $ terms) during DIRECTION OF COMPUTER HARDWARE EXPORTS The follow table represents the Export of Computer Hardware to EU Countries, South Asian Countries, North America, Middle East Countries and Latin America registered good growth during the year EU Countries have emerged to be the top destination for India's Computer Hardware Exports during the year Export to EU Countries registered a growth of 61 percent (41 percent in US$ terms) during the year over the year In value terms, export of computer hardware to EU Countries is estimated to be Rs. 472 crore (US$ 103 million) up from Rs. 293 million (US$ 73 million) estimated in theyear Export to Africa and Far East countries registered decline during the year Export of Computer Hardware to Singapore Hong Kong and other South Asian Countries registered a high growth
7 10 of 51 percent (47 percent in US$ terms) during the year making this region the top destination for India s export of Computer Hardware. In value terms, export of computer hardware to this region is estimated to be Rs. 569 crore (US$ 120 million) up from Rs. 376 crore (US$ 82 million) estimated in the year Export to Middle East countries, Africa and Far East countries registered growth during the year Export to North America, LAC and Oceanic countries registered decline during Table: 4 Changes in the direction of Computer Hardware Exports (Rs Crores) Destination Singapore, Hongkong & other South Asian Countries 208 (37.82) (44.94) 220 (21.46) 83.5 (5.57) 147 (14.85) (22.78) 569 (38.38) 499 (29.95) 400 (19.05) Europe (EU countries) 82 (14.91) (9.05) 67 (6.54) 165 (11) 293 (29.6) (28.61) 500 (26.32) 260 (20) 240 (11.43) North America 127 (23.09) Middle East countries Japan Korea other Far East Countries Australia & Other Ocean Countries 122 (22.18) 7 (1.27) African countries 2.56 (0.47) Russia and C.I.S countries Australia & Other Ocean Countries 0.3 (0.05) 1 (0.18) (34.5) (8.22) 25.7 (3.87) (1.99) 1.1 (0.08) 1.8 (0.13) (49.9) 44 (4.29) 165 (16.1) 12 (1.17) 0.5 (0.05) 3 (0.29) 1070 (71.33) 48 (3.2) 100 (6.67) 30 (2) 1.6 (0.11) 0.5 (0.03) 31 (3.13) 81 (8.18) 324 (32.73) 80 (8.08) 2 (0.2) 2 (0.2) (21.58) (11.83) 53.9 (3.27) (3.38) 6.6 (0.4) (0.99) 274 (14.42) 266 (14) 125 (6.58) 75 (3.95) 12 (0.63) 15 (0.79) 190 (14.62) 150 (11.54) 79 (6.08) 38 (2.92) 12 (0.92) 4 (0.31) 400 (19.05) 770 (36.67) 125 (5.95) 65 (3.10) 4 (0.19) 10 (0.48) Latin America 0 (0) 0 (0) 1 (0.1) 1 (0.07) 29 (2.93) (6.95) 60 (3.16) 65 (5) 80 (3.81) Europe (Non EU Countries) (0.03) (0.21) (0.1) (0.03) (0.1) (0.22) (0.21) (0.23) (0.29) Total Source: Electronics and Software Export Promotion Council (ESC), Statistical Year book, different Years Note: Figures in brackets show the Percentage of Sectoral Total Singapore, Hong Kong and other South Asian Countries remain the top destination for export of computer hardware from India. Export to all the regions except Latin America registered a declined in export during the year Middle East countries remains the top destination for export of Computer hardware from India in the year Singapore, Hong Kong and other South Asian Countries are second top exporters of computer hardware. But all the destinations of the percentage of sectoral total are declined compare with
8 11 Computer Software Services Company Total Export Rs. Lakh Table: 5 Top Exporters of Computer Hardware& Computer Software services in India Computer Hardware Computer Software Services Computer Hardware Company Total Export Rs. Lakh Company Total Export Rs. Lakh Company Total Export Rs. Lakh 1TATA Consultancy Services 2.Infosys. Technologies 3.Wipro 4.Satyam Computer Services 5.HCL Technologies 6.IBM India Pvt. 7.Tech. Mahindra 8.Tech. Mahindra 9.Flextronics Software Services 10.I-Flex Solution Celetronix India Pvt L.G. Electronics India Pvt Celetronic Power India Pvt VXL Instrument Samsung India Electronic Kobain Electronics India Pvt.Ltd Pan India Network Intrawest Pvt.Ltd Zenith Computers WEP Peripherals MIC Electronics TATA Consultancy Services Dell India Pvt.Ltd Infosys BPO Ltd Honeywell Automation India Cognizant Technology Solutions India Pvt.Ltd Accenture Services Pvt. Ltd IBM India Pvt Tech. Mahindra Oracle Financial Services software Ltd Larsen & Toubro InfoTech Ltd Aricent Technologies HSBC Software Development India Pvt. Ltd Prime Focus HCL Info system Simmatronics Semi Conductors Accel Frontline Services Pvt.Ltd L.G. Electronics India Pvt Smartlink Networks Systems OPC Technology Japan Pvt Sil-Kee Electronics Pvt. Source: Electronics and Software Export Promotion Council (ESC), Statistical Year book, different Years MAJOR FINDINGS OF THE STUDY: A few of the Findings emanating from the study are: 1. India s lack of success in exporting computer hardware to the global market is deeply rooted to a variety of reasons which range from market dynamics to inadequacy of support policy initiatives. 2. Low level of technology. 3. Poor basic infrastructure. 4. Long business cycles. 5. Inadequacy of domestic investment, inability to attract foreign investment, mega investments from multinational companies. 6. Lack of large scale manufacturing, and competitive product pricing. 7. Lack of strong domestic market growth trends. 8. Lack of decent profit margins. 9. Lack of international branding. 10. Inadequate promotional activities. 11. Absence of strategic market plan.
9 Lack of initiatives for new product development. 13. Inadequate investment in research and development. 14. Lack of global strategic partnerships. 15. Lack of Indian grey market and lack of Indian brand recognition. SUGGESTIONS: A few of the Suggestions emanating from the study are: We need effective Govt. policy, managerial attitudes and cyber-savvy leaders to encourage high risk, long term investment. Comprehensive curricula must be put in place to cater to the demands of the emerging technologies and changing needs of the industry. Industry-Academia collaboration has to be strengthened. Specific IT graduation focusing on Industry needs can be introduced after Software education centers like NIIT, APTECH, SSI, etc. must launch up -to date courses keeping pace with the present demands at home and abroad. Easy access to educational loan to the students of IT courses should be provided. A national level test just like All India Engineering and Medical Entrance Examination can be conducted to tap the young talents to the IT industry after Special attention must be paid to the marketing and brand building. Overcoming infrastructural bottlenecks like uninterrupted power supply, communication facilities are the need of the hour. Broader basening of our overseas software market, concentration on high end software products, more regional diversification of software industry, diffusion of the information technology to the domestic market etc. are the need of the hour. More private participation, both domestic and foreign, is crucial for providing high quality power supply and communication facilities like high band width. Efforts must be paid to tap the best talents of Indian software experts for promoting the original software like Windows by investing more on Research and Development (R&D), providing facilities of international standards and by paying attractive salary. There is also a need to attract substantial amounts of Foreign Investment and Technology to rejuvenate Indian IT Industry and make it more competitive globally. An influx of foreign capital and Technology would expose Indians to the latest technologies. Last but not least, making available cheap hardware by reducing excise duty, sales tax can go a long way to provide a growth spurt to the Industry. Government of India and the Indian Computer Hardware manufacturers have to work in tandem, and take some proactive initiatives. The initiatives to be taken by the Government of India include: (i) Identification of a vision and strategic growth plan.(ii) Reducing operational costs of manufacturing and improving business attractiveness. (iii) Promoting single manufacturing clusters. (iv) Promoting R&D activities and human resource development. (v) Promoting India as an ideal destination for Computer Hardware manufacturing.(vi) Promoting anchor investment in Indian Computer Hardware industry. (vii) Relaxation of Labour Laws. (viii) Identification of thrust areas and development of incubators. (ix) Skill development.(ix) Pro-active policies for development of entrepreneurship in hardware sector like software. CONCLUSION: From the foregoing analysis, it is clear that software and hardware an area which will work as a catalyst to make India a Global IT Super Power. Over the years Software has been growing at high rate of over 45 per cent. The share of software export in total export as well as its contribution to GDP has steadily increased over the years. That software sector has emerged as a foreign exchange earner and generator of large scale employment opportunities. India is one of the fastest-growing IT systems and hardware market in the Asia-Pacific region. Most of the prominent global vendors and some locals have strong presence in the Indian market. Most MNCs have their assembly units in India. So the Computer Hardware and Computer Software Sectors are very important for development of Indian Economy. REFERENCES: [1] A Brief Report on Electronics Industry in India, Corporate Catalyst India, August [2] Electronics and Software Export Promotion Council (ESC), Statistical Year book, different Years. [3] Arora, A. and S. Athreya (2002) The Software Industry and India s Economic Development, Information Economics and Policy, 14(2): [4] Arora, A., V. S Arunachalam, J. Asundi and F. Ronald (2001) The Indian Software Services Industry, Research Policy, 30 (8): [5] Asheref Illiyan Performance, Challenges and Opportunities of Indian Software Export, Journal fo Theoretical and Applied Information Technology, pp: [6] Athreye, S. (2005), The Indian Software industry and its evolving service capability, Industrial and Corporate Change, Vol. 14(3), 2005: [7] Electronics and Software Export Promotion Council (ESC), Statistical Year book, different Years [8] Economic Survey ( ), Government of India. [9] Eleventh Five Year Plan ( ), Information Technology Sector. [10] Government of India (2012), Economic Survey, Ministry of Finance, New Delhi [11] Heeks R., (1996) India s software industry, state policy, liberalization and industrial Development. New Delhi: Sage Publications
10 13 [12] Joseph, K.J. (2005), Strategic Approach to Strengthening the International Competitiveness in Knowledge Based Industries: Electronics Industry RIS-P#88/2005 RIS, New Delhi. [13] Kumar (2006), World Electronic Component Production Scenario: An Indian Perspective Electronics Information and Planning, Vol 33, 3 4, Dec2005-Jan-2006, Dept.of IT, Government of India. [14] K J Joseph India s Software Industry in Transition, May 2012, A Background Paper Prepared for the Information Economy Report [15] Ministry of Communications & Information Technology, Information Technology Annual Report & , Department of Information Technology. [16] Productivity & Competitiveness of Indian Manufacturing IT Hardware & Electronics Sector. National Productivity Council, New Delhi. [17] Sanjay K Singh. Information Technology in India: Present Status and Future Prospects for Economic Development.
ABHINAV NATIONAL MONTHLY REFEREED JOURNAL OF RESEARCH IN ARTS & EDUCATION www.abhinavjournal.com
PERFORMANCE OF INDIA S ELECTRONICS & COMPUTER SOFTWARE SERVICES INDUSTRY G. V. Vijayasri Research Scholar, Department of Economics, Andhra University, Visakhapatnam, Andhra Pradesh, India Email: vijayasreeau@gmail.com
More informationCOMPUTER SOFTWARE/SERVICES AND ITeS EXPORTS
COMPUTER SOFTWARE/SERVICES AND ITeS EXPORTS OVERVIEW In recent times, Software development and information technology enabled services (ITeS) including business process outsourcing (BPO)/ knowledge process
More informationIndian software industry
By: Dr A. Subbiah, Dr K. Navaneethakrishnan and S. Jeyakumar The Indian Software Industry Continues to Grow The global slowdown may have little impact on India s IT industry, which is projected to grow
More information2. COMPUTER SOFTWARE / SERVICES AND ITES EXPORTS
2. COMPUTER SOFTWARE / SERVICES AND ITES EXPORTS OVERVIEW In recent times, Software development and information technology enabled services (ITeS) including business process outsourcing (BPO)/ knowledge
More informationComputer Software / Services and ITeS Exports
Computer Software / Services and ITeS Exports Computer Software / Services and ITeS Exports OVERVIEW In recent times, Software development and information technology enabled services (ITeS) including
More informationOutsourcing EntEring a new phase R. Nagesh.
26 Entering a Outsourcing new phase The Indian outsourcing sector continues to expand at a steady pace as Indian ITeS players seek out new geographies, besides acquiring international firms. A report by
More informationGlobal Exhibition on Services
Ministry of Commerce & Industry Global Exhibition on Services Concept Note 1 GES Concept Note Global Exhibition on Services (GES) - Concept Note The Government of India, Ministry of Commerce and Industry
More informationSECTOR COVERAGE Date: - 16 th June 2015 SECTOR-I.T
SECTOR-I.T IT industry, which is the uncrowned king in the outsourcing software services remains to be major driver of the country's GDP, with 55% share of global sourcing market. The industry which accounts
More informationIndia s Services Exports
Markus Hyvonen and Hao Wang* Exports of services are an important source of demand for the Indian economy and account for a larger share of output than in most major economies. The importance of India
More informationInternational Journal of Arts and Science Research Journal home page: www.ijasrjournal.com
Research Article ISSN: 2393 9532 International Journal of Arts and Science Research Journal home page: www.ijasrjournal.com JuneJuneJuneLEADER AND SUBORDINATE PERCEPTION ON LEADERSHIP GROWTH AND PERFORMANCE
More informationImplications of Business Support Services for Development: Lessons for the GATS negotiations. Rupa Chanda IIM Bangalore
Implications of Business Support Services for Development: Lessons for the GATS negotiations by Rupa Chanda IIM Bangalore Outline A Global Overview of Offshore Outsourcing of Services Overview of key Asian
More informationAsia-Pacific Application Performance Management Market CY 2013 Rapidly Changing Application Architecture and Business Environment Drives the Market
Asia-Pacific Application Performance Management Market CY 2013 Rapidly Changing Application Architecture and Business Environment Drives the Market October 2014 Contents Section Slide Number Executive
More informationChina & India in the Global IT Industry
China & India in the Global IT Industry Jason Dedrick Personal Computing Industry Center University of California, Irvine Based on research by Jason Dedrick and Kenneth L. Kraemer, supported by the Alfred
More informationGLOBAL TRENDS IN OFFSHORING AND OUTSOURCING
International Journal of Business and Social Science Vol. 2 No. 16; September 11 ABSTRACT GLOBAL TRENDS IN OFFSHORING AND OUTSOURCING Nora Palugod, Ph. D. Assistant Professor of Business The Richard Stockton
More informationINVITATION OF PROPOSAL
INVITATION OF PROPOSAL for Study on Status and Opportunities for Indian Consulting Industry CONSULTANCY DEVELOPMENT CENTRE (Autonomous Institution of DSIR, Ministry of Science & Technology) 2 nd Floor,
More informationSlicing The Knowledge Based Economy in Brazil, China and India:
Slicing The Knowledge Based Economy in Brazil, China and India: A Tale of 3 Software Industries FRANCISCO VELOSO (Carnegie Mellon University & UCP) ANTONIO J BOTELHO (Center for New Economy and Technology,
More informationLatest Trends of Indian IT & How to Penetrate Indian Market. June 25, 2008 CICC Singapore Venkataraman Narayanan
Latest Trends of Indian IT & How to Penetrate Indian Market June 25, 2008 CICC Singapore Venkataraman Narayanan Contents India vs Japan: Overview IT Industry Emerging Indian IT MNCs Market Potential IT
More informationInformation and Communication Technology
Information Technology (IT): Major Source of New Jobs V Information and Communication Technology The booming Indian IT-ITES industry, over the last decade, has emerged as one of the major providers of
More informationForeign direct investment
OECD Cluster Focus Group Workshop Utrecht, May 8-9 2000 IRISH ICT CLUSTER Roy Green National University of Ireland, Galway roy.green@nuigalway.ie Summary: Ireland has one of the highest concentrations
More informationForeign Direct Investment in Automobile Industry
ISSN: 2347-3215 Volume 1 Number 3 (2013) pp. 33-37 www.ijcrar.com Foreign Direct Investment in Automobile Industry T. Rajesh 1 and A.S. Dileep 2* 1 Department of Commerce, Govt College, Ambalapuzha, India
More informationMeasuring Business Process Outsourcing
Measuring Business Process Outsourcing Survey on Computer Software and Information Technology Enabled Services Export from India Regional Seminar on International Trade Statistics Nov 3 6, 2014 New Delhi
More informationTABLE OF CONTENTS. 1. Global Education Sector and Reform. 1.1 Market Overview and Size. 1.2 Initiatives to Boost Education Industry
1 TABLE OF CONTENTS 1. Global Education Sector and Reform 1.1 Market Overview and Size 1.2 Initiatives to Boost Education Industry 1.3 Global Tertiary Education Development 1.3.1 Student Population 1.3.2
More informationAwareness and Impact of Globalization of Life Insurance in India
Awareness and Impact of Globalization of Life Insurance in India Jyoti Agarwal 1, Dr. K.K. Shukla 2 1 Research Scholar, Bhagwant University, Ajmer, Rajasthan 2 Assistant Professor, KCPG Degree College,
More information2013 Frost & Sullivan Asia Pacific ICT Awards Network Security Vendor of the Year
2013 Frost & Sullivan Asia Pacific ICT Awards Network Security Vendor of the Year 2013 Frost & Sullivan Asia Pacific Network Security Vendor of the Year Frost & Sullivan s Global Research Platform Frost
More informationInformation Communication and Technology (ICT) Market Insights
Information Communication and Technology (ICT) Market Insights A Manpower Market Insights Paper April 2009 Australia The Australia economy is facing its biggest challenge in the current economic environment
More informationGlobal Cloud Storage Market. More Info: hitesh@researchfox.com. Contact: 080-61341600/500 Visit: www.researchfox.com. saran@researchfox.
Global Cloud Storage Market Technology, Education, Training and Infrastructure are key areas which are rapidly developing in emerging Tier II and Tier III cities across the Globe. For IT and ITeS industries,
More information6. Gross Domestic Product by Country
6. Gross Domestic Product by Country The economies of the six countries studied for this report have flourished, allowing for the very high growth rates in research and development (R&D) investment and
More informationI will be exploring the E-Learning Industry from top-down, identify Leading players and possible investment opportunities.
Investment Opportunities in India: E-Learning -Kaushank Khandwala India is a vibrant economy brimming with optimism that wakes up every morning a little younger in age, but infinitely more ambitious in
More informationInternational Business Strategy
International Business Strategy Executive Summary The Canadian automotive industry, and in particular the automotive component parts industry is part of the broader global industry. Canadian suppliers
More informationIndia's Booming Stock Market and Its Outlook Ahead
VOL1. NO. February 2006 India's Booming Stock Market and Its Outlook Ahead India's stock market in 200 was driven by expanding inflows of foreign capital into the country on the back of expectations for
More informationTHE DEVELOPMENT OF SUPPLY CHAIN MANAGEMENT IN THAILAND TEXTILE INDUSTRY
THE DEVELOPMENT OF SUPPLY CHAIN MANAGEMENT IN THAILAND TEXTILE INDUSTRY Veeris Ammarapala Management Technology Program Sirindhorn International Institute of Technology, Thammasat University Pathumthani
More informationPMR. IT outsourcing in Central and Eastern Europe FREE ARTICLE. www.ictrussia.com
FREE ARTICLE www.ictrussia.com IT outsourcing in Central and Eastern Europe Source: IT outsourcing in Central and Eastern Europe 2009 Countries attractiveness and development forecasts January 2009 PMR
More informationOn offshore outsourcing IT and why India is the best bet. 3. The advantages of offshore outsourcing IT
On offshore outsourcing IT and why India is the best bet Contents 1. Introduction 2. Offshore Outsourcing IT 3. The advantages of offshore outsourcing IT 4. IT functions ideal for mid size companies to
More informationIndia - fastest growing economies in the world
The Background India - fastest growing economies in the world Expected to be the 12 th largest economy by 2015 Growing Consumer Market India ranked 12 th largest consumer market in 2007, expected to be
More informationIndia Offshore Delivery Center
India Offshore Delivery Center White Paper Copyright : Experis IT Pvt Ltd, India WHITE PAPER: In today s global economy, the word outsourcing has become synonymous with offshoring. Having an offshore strategy
More informationIndo-German Investments & Cooperation
Indo-German Investments & Cooperation FDI inflows set to grow in 2010-2011 The importance of foreign direct investment (FDI) for the development and the well-being of an economy is well accepted. In the
More informationWeiqiao Textile Announces its 2015 Interim Results
Weiqiao Textile Announces its 2015 Interim Results Seize new opportunities in new normal development phase Continued leadership against the backdrop of industry changes Financial Summary Revenue was approximately
More informationGlobal Sourcing of Business Services
Prof. Stephan Manning UMB College of Management What does sourcing mean? What does sourcing mean?! Organizing supply of inputs/resources needed for primary and support activities Inputs Focal Firm Outputs
More informationSouth Korea Information and Communication Industry
South Korea Information and Communication Industry Compiled by: Swiss Business Hub Korea Seoul, August 2011 Korea s ICT industry is divided into the ICT equipment, telecommunications services and software
More informationINDIAN LIFE INSURANCE INDUSTRY CHANGING SCENARIO AND NEED FOR INNOVATION
Journal of Social and Economic Policy, Vol. 11, No. 1, June 2014, pp. 103-108 INDIAN LIFE INSURANCE INDUSTRY CHANGING SCENARIO AND NEED FOR INNOVATION ARVIND KUMAR SINGH * AND MAMTA SINGH ** In the last
More informationINDEX Executive Summary Overview Takeover Track SMAC as a game changer Common Stock Comparison
INDEX Executive Summary Overview Evolution of Indian IT Industry Current Industry Size Domestics Industry vs. Exports (FY2013) Industry Growth Drivers IT Exports Domestic IT Industry Porter s Five Force
More informationNet Sales. Cost of Sales, Selling, General & Administrative Expenses, and Operating Income
Net Sales In the fiscal year ending March 31, 2002 (fiscal 2001), the Fujitsu Group faced a difficult global economic environment, with the impact of the slowdown in the U.S. economy reverberating throughout
More informationAn Overview Report on Contact Center Outsourcing Industry in India
Global Journal of Management and Business Studies. ISSN 2248-9878 Volume 3, Number 3 (2013), pp. 295-302 Research India Publications http://www.ripublication.com/gjmbs.htm An Overview Report on Contact
More informationChina s Outsourcing Market A Perspective
China s Outsourcing Market A Perspective July 2011 Since 2006, China s market for the outsourcing of technology services (outsourcing services) has experienced fast growth. Over the past 5 years, both
More informationSmall-Medium Enterprises in Hong Kong: Recent Developments and Policy Issues. Y. C Richard Wong The University of Hong Kong
8/7/13 Small-Medium Enterprises in Hong Kong: Recent Developments and Policy Issues Y. C Richard Wong The University of Hong Kong We review the recent developments of small and medium enterprises (SMEs)
More informationELECTRONICS COMPONENT INDUSTRY PERSPECTIVE BY: PARESH VASANI
ELECTRONICS COMPONENT INDUSTRY PERSPECTIVE BY: PARESH VASANI Current global & Indian Electronic Component Industry Scenario PCB Challenges and Future GLOBAL ELECTRONICS INDUSTRY Global Electronics Industry
More informationTrends in Strategic Consulting in the Face of Globalization
Trends in Strategic Consulting in the Face of Globalization Giorgio Rossi Cairo Abstract The competitive context in which companies operate has changed with increasing globalization which continues to
More informationPrivate Equity in Asia
Private Equity in Asia October 21 Asia private equity, in particular China, has increasingly attracted attention from institutional investors due to the region s faster economic recovery, greater growth
More informationINDUSTRY OVERVIEW OUTSOURCING OF SOFTWARE DEVELOPMENT AND SERVICES
The information presented in this section and elsewhere in this prospectus relating to the software market of selective countries is derived from various publications and news reports. Such information
More informationASIAN JOURNAL OF MANAGEMENT RESEARCH Online Open Access publishing platform for Management Research
Online Open Access publishing platform for Management Research Copyright by the authors Licensee IPA Under Creative Commons license 3.0 Research Article ISSN 2229 3795 Indian life insurance industry changing
More informationFinance Ministers Speech NDTV Profit Business Leadership awards 2011
Finance Ministers Speech NDTV Profit Business Leadership awards 2011 Ladies and Gentlemen, I am very happy to be here today among this distinguished gathering of industrialists and business persons on
More informationBillion list for the Asia-Pacific region by US magazine Forbes.
Only Cable company featured in Forbes Magazine Rated among the top 22 Indian companies featured in the latest 200 Best under a Billion list for the Asia-Pacific region by US magazine Forbes. Cords Cable
More informationIndia: Targeting a Status of the Global IT Super-Power
Delivering the Power of Global IT Resources! India: Targeting a Status of the Global IT Super-Power Indian Government Software Policies and Their Benefits Executive Summary March 2001 Auriga, Inc., 1 Overlook
More informationBUY. KELLTON TECH SOLUTIONS LTD Result Update (CONSOLIDATED): Q1 FY16. CMP 226.50 Target Price 260.00. JANUARY 9 th 2015 SYNOPSIS ISIN: INE164B01022
BUY CMP 226.50 Target Price 260.00 KELLTON TECH SOLUTIONS LTD Result Update (CONSOLIDATED): Q1 FY16 JANUARY 9 th 2015 ISIN: INE164B01022 Index Details Stock Data Sector IT Software Products BSE Code 519602
More informationOutsource to India. Author Mike Mattsen CEO
Outsource to India Author Mike Mattsen CEO 01 Executive Summary "India has always been a large delivery centre with size and the ability to scale and we are seeing the pendulum starting to swing back to
More informationChapter 6. Financing of innovative entrepreneurs
Chapter 6. Financing of innovative entrepreneurs Ukraine has entrepreneurial talent and a relatively strong risk-taking attitude. These are major ingredients for any policy intervention seeking to promote
More informationDELIVERING WORLD-CLASS CUSTOMER EXPERIENCE
DELIVERING WORLD-CLASS CUSTOMER EXPERIENCE SOUTH AFRICA S PROPOSITION FOR CONTACT CENTRE BPO BUSINESS PROCESS OFFSHORING We speak your language A leader in Contact Centre 5 of the top 10 global voice companies
More information1. From the following data calculate GNP at factor cost by Income Method & Expenditure Method. Rs. in Crores
National Income Accounting 1. From the following data calculate GNP at factor cost by Income Method & Expenditure Method Items Rs. in Crores Net Domestic capital formation 500 Compensation of employees
More informationMarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample
MarketsandMarkets http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm
More informationIndia-US Technology Marketplace: An M&A Perspective
Then and Now Outsourcing models have evolved to obtain a high level of maturity over the past four decades. Starting with the In-house units for specialized tasks as was the case in 1960s down to the modern
More informationMarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample
MarketsandMarkets http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm
More informationSphere Global Services Limited
Sphere Global Services Limited Date: 13 th January, 216 Stock Performance Details Shareholding Details September 215 Current Price : ` 3.95^ Face Value : ` 1 per share 52 wk High / Low : ` 9.35 / 31.1
More informationHuman Resource Management in Organized Retail Industry in India
Global Journal of Finance and Management. ISSN 0975-6477 Volume 6, Number 6 (2014), pp. 491-496 Research India Publications http://www.ripublication.com Human Resource Management in Organized Retail Industry
More informationNegative Working Capital Management of Two-Wheeler Manufacturing Company in India. Ms. Lakhwinder Kaur Dhillon
Negative Working Capital Management of Two-Wheeler Manufacturing Company in India Ms. Lakhwinder Kaur Dhillon Assistant Professor Amity Business School Amity University Sector 125 Noida Camp Abstract Indian
More informationThe International ICT Sourcing Ecosystem Key value enablers
The International ICT Sourcing Ecosystem Key value enablers Dr. Randhir Mishra Regional Director Central and Eastern Europe Satyam Computer Services Ltd randhir_mishra@satyam.com Agenda The ICT value enablers
More informationCHAPTER VII SUMMARY OF MAJOR FINDINGS AND RECOMMENDATIONS
CHAPTER VII SUMMARY OF MAJOR FINDINGS AND RECOMMENDATIONS 395 7.1 Findings Related to Secondary Data In the initial phase the analysis of secondary indicates that CRM is emerging as a strategic factor
More informationCompetitive Advantage of Libyan Business Environment
Economics World, ISSN 23287144 May 2014, Vol. 2, No. 5, 325332 D DAVID PUBLISHING Competitive Advantage of Libyan Business Environment Salem Abdulla Azzaytuna University, Tripoli, Libya The economic development
More informationGlobal payments trends: Challenges amid rebounding revenues
34 McKinsey on Payments September 2013 Global payments trends: Challenges amid rebounding revenues Global payments revenue rebounded to $1.34 trillion in 2011, a steep increase from 2009 s $1.1 trillion.
More informationPrivate Cloud Market in India
Private Cloud Market in India EMC-Zinnov Whitepaper 7/19/2011 Zinnov Management Consulting 1 IT industry goes through periodic transformations 3 2 Internet Revolution 1 Mainframe Revolution A few hundreds
More informationROBUST GROWTH FOR ENGINEERING SERVICES OUTSOURCING
ROBUST GROWTH FOR ENGINEERING SERVICES OUTSOURCING Spend Shifts to Emerging Markets; Captives Reassessed By Jim Routzong, Director, Manufacturing Vertical www.isg-one.com INTRODUCTION The Engineering Services
More informationEconomic Change in India
Adam Cagliarini and Mark Baker* India has become an increasingly important part of the global economic landscape over the past decade. Its economy has become more open to international trade, its workforce
More informationSolving financial challenges
Solving financial challenges in medical devices & healthcare organizations An action agenda for growth in Medical Devices companies Executive Summary 3 Contents The growth drivers for the Indian medical
More informationAMI-Partners. SMB Managed Services Assessment Opportunities & Actionable GTM Insights
SMB Managed Services Assessment Opportunities & Actionable GTM Insights AMI-Partners 546 Fifth Avenue, New York, NY 10036 212-944-5100 www.ami-partners.com This study delivers an in-depth look at managed
More informationGlobal IT Spending By SMBS Market to Grow at CAGR of 6% according to forecast from 2016 to 2020
Global IT Spending By SMBS Market to Grow at CAGR of 6% according to forecast from 2016 to 2020 WiseGuyReports Saturday, June 18th, 2016 Complete report at https://www.wiseguyreports.com/reports/global-it-spending-bysmbs-2016-2020
More informationSoftware Testing Market India
Software Testing Market India July 2014 Executive Summary Market Software Testing market in India was valued at ~ INR xx bn in 20-- and is projected to grow at a CAGR of ~ x1% between 20--- and 20-- Over
More informationSEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK
SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK The data included in the 2014 SIA Factbook helps demonstrate the strength and promise of the U.S. semiconductor industry and why it is critical for policymakers
More informationHelping you to achieve your financial goals
Indian fund guide Not for distribution in Hong Kong or Singapore. Helping you to achieve your financial goals Our research 1 suggests that most Indian expatriates have three key financial goals; the purchase
More informationBrochure More information from http://www.researchandmarkets.com/reports/2011199/
Brochure More information from http://www.researchandmarkets.com/reports/2011199/ Healthcare BPO Market - Payer (Claims Processing), Provider (Medical Billing & Coding) & Pharmaceutical (Clinical Trial
More informationVol-1, Year-1, 15 Jan-2010. Bilingual journal of Humanities & Social Sciences. Half Yearly. Business process outsourcing (BPO) in
1 P a g e India: 1. INTRODUCTION Economic integration of global markets has prompted businesses to be more agile and competitive so as to penetrate foreign markets and establish a market niche. The 'buzz-word'
More informationWorry-free retirement, fully paid
Birla Sun Life Insurance Immediate Annuity Plan Traditional, non-participating, single premium plan for regular income after retirement Worry-free retirement, fully paid Through your working years, you
More informationSpecial Feature: Growth Model of an Agile Company
Special Feature: Growth Model of an Agile Company 15 Sysmex s Global Strategy From the time of its establishment, Sysmex has followed a steady growth trajectory, and the Group now provides products and
More informationFinancial Analysis of Factoring Companies in India: A Study of SBI Global Factors and Canbank Factors
Financi Anysis of Factoring Companies in India: A Study of Factors and Factors Hardarshan Kaur 1, Navkiranjit Kaur Dhiw 2 1 Research Fellow, Dept. of Commerce, Punjabi University Patia, 147001, Punjab,
More informationConsumer Credit Worldwide at year end 2012
Consumer Credit Worldwide at year end 2012 Introduction For the fifth consecutive year, Crédit Agricole Consumer Finance has published the Consumer Credit Overview, its yearly report on the international
More informationAUSTRALIA S EXPORTS OF EDUCATION SERVICES 1
AUSTRALIA S EXPORTS OF EDUCATION SERVICES 1 Introduction Australia s education services exports have continued to grow in importance this decade. Since 1982, education services exports have grown at an
More informationMartin Hemmert. Korea University Business School
Martin Hemmert Korea University Business School Contents 1 The Concept of Innovation Systems 2 The Korean Innovation System: Overview 3 The Parts of the Korean Innovation System 4 Conclusions and Implications
More informationCHINA S DEVELOPMENT STRATEGY: THE KNOWLEDGE AND INNOVATION PERSPECTIVE. Carl Dahlman Jean-Eric Aubert World Bank Institute 2000
I. MAIN ISSUES CHINA S DEVELOPMENT STRATEGY: THE KNOWLEDGE AND INNOVATION PERSPECTIVE Carl Dahlman Jean-Eric Aubert World Bank Institute 2000 EXECUTIVE SUMMARY China has made great progress since it opened
More informationMedium-term Business Plan
Mitsubishi UFJ Financial Group, Inc. Medium-term Business Plan Tokyo, May 15, 2015 --- Mitsubishi UFJ Financial Group, Inc. (MUFG) announced today that it has formulated its medium-term business plan for
More informationComparative Domestic and International EHR Adoption
Comparative Domestic and International EHR Adoption October 4, 2010 Lydon Neumann Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Review of 1. Connected IT Health 2. Market
More informationHealth Insurance Policy Holders Perception towards Public Sector Health Insurers in Erode District Of Tamil Nadu
Health Insurance Policy Holders Perception towards Public Sector Health Insurers in Erode District Of Tamil Nadu P.Saravana Kumar, Assistant Professor & Head, Dept. of M.Com(CA), Sri Vasavi College(SF),Erode.
More informationTrends in Australia s Exports 1
April 2 Trends in Australia s Exports 1 The reduction of trade barriers, and cheaper transportation and communication costs have contributed to Australia becoming more open and more closely integrated
More informationWhy Egypt Your guide to Egypt s strengths as an outsourcing destination
egypton.com Why Egypt Your guide to Egypt s strengths as an outsourcing destination A world-class home for IT and business process outsourcing An abundant technically skilled and uniquely multilingual
More informationSTATS WINDOW. Retail industry
Volume 8, Issue 4, October 2015 STATS WINDOW The Pacific Business Review International has taken an initiative to start a section which will provide a snapshot of major Global & Indian economic indicators
More informationThe benefits of private equity investment
The benefits of private equity investment David Wilton, Chief Investment Officer, International Finance Corporation (IFC), looks at how private equity can be beneficial; the different investment strategies
More informationHow international expansion is a driver of performance for insurers in uncertain times
How international expansion is a driver of performance for insurers in uncertain times Accenture Global Multi-Country Operating Model Survey May 2009 Copyright 2009 Accenture. All rights reserved. Accenture,
More informationSAP Business One The Right Solution for Small & Medium Enterprises
SAP Business One The Right Solution for Small & Medium Enterprises www.praxisinfosolutions.com About the Author: Dattatreya R Kulkarni (http://tinyurl.com/o3j7fga), is one of the Founding Directors of
More informationBangladesh Software and IT Service Industry Recent Trends & Dynamics
Bangladesh Software and IT Service Industry Recent Trends & Dynamics Software and IT service industry in Bangladesh has crossed a long road over the last few decades. It has matured. The industry no more
More informationOffshoring Legal Services to India December 2005
December 2005 Outsourcing to India: Beyond Call Centre series 1 Executive Summary With the maturing of offshoring, and increasing acceptance of India as a destination, a range of non-crm and non-transaction
More informationMarket Study on Engineering Process Outsourcing
Overseas Market Information Market Study on Engineering Process Outsourcing (Part - II) Engineering Process Outsourcing from India Engineering Process Outsourcing (EPO) services from India will be a key
More informationThe Changing Face of Outsourcing
The Changing Face of Outsourcing Presented by Parveen Chodha a HENRY Fellow April 29, 2010 Rest assured, this is not offshoring Agenda How outsourcing has evolved Key Success Factors Destinations for offshoring
More information