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    Samarth Mewada
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    The document discusses the impacts of globalization on the Indian information technology industry. It describes how improvements in computer hardware, software, telecommunications, and IT-enabled services in the early 1990s improved information sharing and economic potential globally. Globalization has helped the Indian IT industry contribute significantly to the country's economic growth by modernizing production systems and increasing competitiveness. The IT and ITES sectors have created around 10 million jobs in India due to globalization, which would not have been possible otherwise. The article aims to analyze the impacts of globalization on the Indian IT industry from the perspectives of trade in services, financial effects, capacity building, and dependencies on other sectors.

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    The document discusses the impacts of globalization on the Indian information technology industry. It describes how improvements in computer hardware, software, telecommunications, and IT-enabled services in the early 1990s improved information sharing and economic potential globally. Globalization has helped the Indian IT industry contribute significantly to the country's economic growth by modernizing production systems and increasing competitiveness. The IT and ITES sectors have created around 10 million jobs in India due to globalization, which would not have been possible otherwise. The article aims to analyze the impacts of globalization on the Indian IT industry from the perspectives of trade in services, financial effects, capacity building, and dependencies on other sectors.

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    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    2 views1 page

    Rohan & Samarth - 46 & 48

    Uploaded by

    Samarth Mewada
    The document discusses the impacts of globalization on the Indian information technology industry. It describes how improvements in computer hardware, software, telecommunications, and IT-enabled services in the early 1990s improved information sharing and economic potential globally. Globalization has helped the Indian IT industry contribute significantly to the country's economic growth by modernizing production systems and increasing competitiveness. The IT and ITES sectors have created around 10 million jobs in India due to globalization, which would not have been possible otherwise. The article aims to analyze the impacts of globalization on the Indian IT industry from the perspectives of trade in services, financial effects, capacity building, and dependencies on other sectors.

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    Attribution Non-Commercial (BY-NC)
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    Rohan Bhardwaj (20121046) Samarth Mewada (20121048)

    Impacts of Globalisation on Indian Information Technology Industry


    ABSTRACT The economic growth paradigms till 1990s since independence shows the neoclassical route of development by capitalist bloc to establish the dominate market and also to have a flow of trade across nations. Information Technology (IT) is among the majorly affected industry due to the globalization. Improvements in the early 1990s in computer hardware, software, telecommunications and ITES (IT Enabled Services) have caused huge improvements in information sharing and economic potential. The gains from globalization can be analyzed in the context of Trade in Services, financial effects, Capacity building and revamping of the dependent sector viz. Telecommunication, banking, BPO / Outsourcing. Earlier only scientists were using, or had even heard about, the Internet, the World Wide Web was not up and running the way it is today. The globalisation and efforts of NASSCOM has lead many overseas companies to invest in the Indian economy and transformed the IT sector to a new revolution. The globalisation has helped IT industry to contribute to the economic growth of the country by modernizing the production systems and increasing their competitiveness faster than it was. The sectors IT and ITES have created around 10 million jobs which would not have been possible without globalisation. Furthermore, the highest tier of science and technology, the one that shapes and commands overall technological development, is concentrated in a few dozen research centres. The spread of digital technologies has also been spurred by several unique attributes of information, the principal input and product of many IT industries. Advancement in IT has to undertake the risks of dependency to other sectors, dynamics of government policies. Thus the article will brief upon the impacts of globalisation on Indian Information Technology Industry with focus on the perspectives as mentioned above.

    Source:1) http://www.economywatch.com/economy-articles/globalization-in-india.html 2) http://www.globalization101.org/information-technology 3) Tracking Globalisation by J.S.Sodhi-2011

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