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Dhananjay Chandra

Occupy marsย โ€ขย 1y

Here is a story of indian IT industry Genesis (1970s): ๐Ÿ”ธIn the early 1970s, multinational companies recognized Indiaโ€™s potential and began expanding their operations into the country. ๐Ÿ”ธTata Consultancy Services (TCS), acting as the sales agent for Burroughs (a mainframe manufacturing company), played a pivotal role. In 1974, Burroughs asked TCS to provide programmers for system software installation for an American client. ๐Ÿ”ธChallenges included the absence of a local market and unfavorable government policies regarding private enterprises. ๐Ÿ”ธInitially, Indian IT firms primarily supplied programmers to international companies overseas. ๐Ÿ”ธThe state-controlled economy posed hurdles, with high import tariffs on hardware and software. ๐Ÿ”ธSoftware wasnโ€™t officially recognized as an industry, affecting exportersโ€™ eligibility for bank finance. TURNING POINT(1980) ๐Ÿ”ธIn 1984, Prime Minister Rajiv Gandhi introduced the New Computer Policy (NCP-1984)........ Continued.

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