With
a potential two trillion dollar global IT industry by the year 2008, and
a competitive domestic market at home, India is well poised to be a global
competitor in the near future. style="mso-spacerun: yes"> We
have an 18.5 percent market share in the global cross-country customized
software market, and should further consolidate this position. But
for India to actualize its potential of becoming a global leader, a multi-pronged
strategy will be required.