Course: Other / Management
Make in India AnalysisIndia has emerged to be the largest sourcing point information technology industry in the world. Information technology industry of India takes the largest share of the world market and this has transformed Indian economy to a far best position. This has also led to a changed perception about India in the global economy at large. Compounded by the fact that India has a large population, this provides the information technology firms with the market from its goods and services.
In regards to the market availability and market size, India is considered to be among the countries with the largest base for entrepreneurs of all categories and a good host for startups.Accordingly, Indian Gross Domestic Product is highly benefiting from Internet economy and its expect to reach five percent in coming few years. This is because of a huge and increasing base of internet user in India as the number of social media users is growing steadily. Furthermore information technology market in India is rapidly increasing as a result of increased internet penetration in both rural and urban setting and rapid evolution of e-commerce.
Secondly in regards to investment, India information technology industry has played a key role in attracting major foreign r investment for the country due to its competencies. It has also been able to increase the rate of mergers and acquisition, especially in private equity. A lot of v…
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