8 Emerging Business Opportunities in India
Software: The Indian software industry constitutes of the IT and the BPO sector. It increased its contribution to India’s GDP from 1.2 percent in 1998 to 7.5 percent in 2012, the same year software industry earned $100 billion in revenue. The software market is supposed to grow to 21 percent in 2015. 
The software industry is providing employment to 2.5 million people and India is considered the IT capital of the world. This industry is expected to create many opportunities in due course of time.
Engineering: The Indian engineering sector is broadly divided into two main parts, heavy engineering and light engineering. Indian engineering sector contributed $ 56.7 billion to the total export in 2012-13. The bulk of Indian engineering exports include transport equipment, heavy machinery, fasteners and castings. The reason for growth of this sector is facility building in sectors such as infrastructure, power, mining, oil and gas, refinery, steel, automotive, and consumer durables. This sector, which is growing at the rate of 30.1 percent is expected to contribute $ 65 billion to India’s export.
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