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113 Technopreneurship and Development of
113 Technopreneurship and Development of
maximum participation. Metro Cities like Delhi, Vaidyanathan, 2007). These metro cities offers
Mumbai, Bangalore, Chennai and Hyderabad has good infrastructure with large floor space and high
become the favourite places for all the big speed telecom facilities. These were the major
corporates like HSBC, Dell, Microsoft, Hewlett reasons for the high growth of Indian IT sector and
Packard and also for many Indian MNC firms have this change turns the global companies towards
set up their main offices in these top cities (Geetha India.
huge software exports. The IT and ITeS industry Bangalore, Mumbai, Chennai, Delhi, Pune,
has two major components such as IT services and Hyderabad and Kolkata has records nearly 90% of
Business Process Outsourcing. The development of the software units export. India registers a gradual
the service sector in India led by the software increase in the total export of the IT and IT enabled
sector contributing much more in nation’s income, service throughout the year from the beginning.
employment and exports. The metro cities like
144.214
150.000
100.000
50.000
0
2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
It is revealed that the exports of IT and ITeS in the blaster in the field of software based business. It
year 2012-13 was Rs.2,51,497 crore and it has been was successfully recorded the exports performance
increased to Rs.2,73,313 in 2013-14. In the over 200% from the year 2006-07 to the year 2015-
following years of 2014-15 and 2015-15 was 16. Finally, Indian IT and ITeS unit exports has
Rs.2,93,797 crore and Rs.3,19,596 crore increased by Rs.3,19,596 crore in 2015-16 that was
respectively. The gradual and continuing growth in increased by 8% as compared to last year.
the exports of the IT and ITeS leads India a master
State wise Software Exports made by registered units through STPI
(₹ in Crores)
Name of the State/UT 2015-2016 Name of the State/UT 2015-2016
Andhra Pradesh 477.93 Madhya Pradesh 355.00
Bihar 7.25 Maharashtra 64,063.59
Chandigarh 700.79 Odisha 2,179.72
Chhattisgarh 23.29 Puducherry 182.55
Delhi 1,442.30 Punjab 324.83
Goa 117.17 Rajasthan 803.97
Gujarat 2,224.55 Tamil Nadu 33,905.30
Haryana 19,265.44 Telangana 41,480.47
Karnataka 1,25,418.53 Uttar Pradesh 16,450.68
Kerala 3,008.91 West Bengal 6,990.00
Source: Software Technology Parks of India, Annual Report
Indian IT companies such as TCS, HCL, grabbed the head quarter of the India’s largest
Infosys and Wipro becomes so popular around the companies. Mumbai placed second (20%) in the IT
world. Now-a-days Bangalore is called the Silicon and software exports with large number of MNC
Valley of India because of its massive contribution companies like TCS, Cognizant, Capgemini,
(40%) in the Indian IT and software exports. It Reliance, L&T Infotech, Patni, Naukri etc., within
its surroundings. The other metro cities like like liberalization of external trade, elimination of
Chennai (11%) and Hyderabad (13%) too added duties on imports of information technology
their participation in the IT and software exports products, relaxation of controls on both inward and
during the financial year 2015-16. outward investments and foreign exchange, setting
up of Export Oriented Units (EOU), Software
Government Initiatives Technology Parks (STP), and Special Economic
After the economic reforms of 1991-92, Zones (SEZ), has enabled India to flourish and
major fiscal incentives provided by the acquire a dominant position in world’s IT scenario
Government of India and the state governments (Rahul Chattopadhyay, 2016).
120
106,3
100 95,7
81,8
76,3
80
64
59,9
60
40
20
0
2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
The above statistic shows that, there was a operate the profitable business. This study points
gradual and has no negativity in the growth in the out that, the revenue of IT was recorded about US$
overall revenue of the IT and ITeS industry since 143 billion in the year 2015-2016 and the share of
its first operation. The total revenue generated by total Indian IT and ITeS unit exports has increased
the IT and ITeS industry in India between the years by Rs.3,19,596 crore in 2015-16 that was increased
2008-09 and 2015-16. In the year 2013-14, a total by 8% as compared to last year. India aspires to
of US$ 106.3 billion of revenue was created by the transform itself into a truly developed and
Indian IT industry, which was rejuvenated in the empowered nation by 2020.
year 2014-15 with massive wave of increasing
revenue by 132 billion U.S. dollars and it has raised
by over 25% when compared with last year. In References
2015-16, the revenue generated by the Indian IT
and ITeS sector was 143 billion U.S. dollars. There 1. Bhattacharjee, Sankalpa, and Debkumar
was an increasing trend with more than 200% in its Chakrabarti. "Heterogeneity in Indian IT-
earnings of last eight years. ITeS industry: is a uniform policy
enough?" International Journal of
Conclusion Business Information Systems 13.3 (2013):
It is concluded that, the IT and ITeS sector 317-342.
is the most wanted and highly contributed towards 2. Meenu. “Performance of IT and ITeS
the GDP of the nation. It should be developed from Industry in Indian Economy”
its grass roots for the rapid growth of the economy. International Journal of Enhanced
However, this achievement can be attained by the Research in Management & Computer
Indian IT industry by re-inventing itself through its Applications. 5.7 (2016): pp 16-20
new trend of business models and make 3. Paramasivan, C. and M. Selladurai,
partnerships with leading global corporates. India "Emerging Trends in New Start-Up
welcomes investment from all over the universe to