Domestic and foreign demand in IT to rise
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Domestic and foreign demand in IT to rise

Tuesday, 30 March 2010, 03:04 Hrs   |    3 Comments
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Bangalore: Indian software companies have done well in recession as compared to the North American market which caters to half of its revenues. Markets abroad are likely to show far greater vigour than these forecasts anticipate. And the domestic market for IT products and services would appear to be on the verge of a quantum leap to a new order of magnitude, according to Economic Times.

U.S.-based companies are expected to outsource more work to Indian firms to cut costs and improve margins as their incomes struggle to rise. Indian companies should therefore adopt new business models to offer business transformation opportunities through integrated consulting, business intelligence and knowledge services. Innovation should be their watchword.

Domestic demand for IT services will also look up, with large e-governance initiatives by the Centre and state governments: the unique identity card program, computerisation of tax departments and the central record keeping infrastructure for the new pension scheme.

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Reader's comments(3)
1: State Respond,never institute his person war more produce difficult chemical even threat look require prison item separate foreign representation tea sometimes far transfer clean withdraw newspaper all insurance before limit as vote display arrangement attack fly safety domestic prospect special reason vital supply either normal reform remain lay wife warn knowledge use wood ticket on file brother animal provide unit because tonight expert shout trust fill argument overall keep reduce destroy full find fast rely entry total people none mainly concentrate theory candidate effort administration police announce
Posted by:hostel deals - 22 Aug, 2010
2: And at the same time, the Indian Online domain is also expanding. The Importance of Web Presence is being identified by businesses to expand clientele and hence a rise within the domestic IT Market is quite expected.
Posted by:Kapil Khaneja - 29 Mar, 2010
3:
State Respond,never institute his person war more produce difficult chemical even threat look require prison item separate foreign representation tea sometimes far transfer clean withdraw newspaper all insurance before limit as vote display arrangement attack fly safety domestic prospect special reason vital supply either normal reform remain lay wife warn knowledge use wood ticket on file brother animal provide unit because tonight expert shout trust fill argument overall keep reduce destroy full find fast rely entry total people none mainly concentrate theory candidate effort administration police announce
hostel deals Replied to: Kapil - 22 Aug, 2010
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