IT Industry Facts : 2004 -2005
Here are some facts about the Indian IT Industry :
Revenue from the export of software and from services : $17.2 billion (2004-2005 )
Growth: 34.5 percent over the previous year’s revenue of $12.8 billion.
Revenue split :
Of the $17.2 billion,
$5.2 billion = call centers and business process outsourcing services
$12 billion = software and other services.
$ 3 billion = Revenue from product development and R&D services
Workers employed = > 1 million.
Nasscom has projected a revenue target of $50 billion by 2009.
Certainly the coming 5 years is a boom time for software industry. But after that what ?
Is India prepared / Or atleast making preparations for sustaining this growth from other sectors ? Whatzz the sector that can be the next IT for India ? Whatever that be, as one of my friends used to remark, it must capitalize on the man power that India has .