Back

Dhananjay Chandra

Occupy marsย โ€ขย 1y

๐Ÿ”ธReduced import tariffs on hardware and software (up to 60% reduction). ๐Ÿ”ธRecognition of software exports as a โ€œdelicensed industry,โ€ making exporters eligible for bank finance. ๐Ÿ”ธPermission for foreign companies to set up autonomous, export-dedicated units. ๐Ÿ”ธEstablishment of software parks for infrastructure at lower costs. ๐Ÿ”ธWork shifted to India, despite friendlier policies for foreign firms. This shift led to Bangaloreโ€™s development and the relative decline of other centers like Mumbai. ๐Ÿ”ธMultinational firms also adapted to new policies, contributing to Indiaโ€™s IT growth. EVOLUTION (990s and Beyond): ๐Ÿ”ธSince the 1990s, value-addition increased, and domestic firms became less dominant. ๐Ÿ”ธIndiaโ€™s talent pool attracted work due to cost-effectiveness. ๐Ÿ”ธThe Indian IT industryโ€™s journeyโ€”from overcoming challenges to becoming a global powerhouseโ€”reflects resilience, innovation, and adaptability.

Reply

More like this

Recommendations from Medial

Image Description
Image Description

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 age

See More
2 Replies
5

Neha Farheen

Chief Marketing Offi...ย โ€ขย 1m

Tired of manual processes and slow systems? At Opslify Software Solution, we build AI-driven tools to streamline and scale your business. โœจ What we offer: ๐Ÿ”ธ AI Web Applications ๐Ÿ”ธ Intelligent Software Solutions ๐Ÿ”ธ Custom Automation ๐Ÿ”ธ User-Friendly

See More
Reply
Image Description
Image Description

Niket Raj Dwivedi

ย โ€ขย 

Medialย โ€ขย 1y

Union Budget 2024-25: Key Highlights for Startups and MSMEs ๐Ÿš€ Finance Minister Nirmala Sitharaman mentioned 'startup' just twice in her speech, but there's plenty for the startup ecosystem, manufacturing, and MSMEs in this budget! Here's the scoop:

See More
6 Replies
13
41
Image Description
Image Description

Mridul Das

Introvert!ย โ€ขย 4m

BIG WIN for India! Apple CEO Tim Cook just announced that most iPhones sold in the U.S. from Q3 will be MADE IN INDIA.๐Ÿš€ Yes, you read that rightโ€”India is becoming Appleโ€™s iPhone factory for the worldโ€™s biggest market. Hereโ€™s why this is a game-cha

See More
Reply
3
20
2
Image Description

Siddharth Verma

Founder & CEO at Saf...ย โ€ขย 2m

I participated in MSME Hackathon 4.0 in Madhya Pradesh, representing my startup that provides end-to-end IT security solutions. In India, very few security software products are made locallyโ€”most companies use foreign tools. Indian firms avoid local

See More
3 Replies
18
Image Description

Vivek kumar

On medialย โ€ขย 6m

Uday Kotak warns that India's economic 'animal spirits' are fading as young business families focus more on investments than building companies. He urges policymakers to address the impact of US policies pulling foreign capital away. Kotak stresses t

See More
2 Replies
5
Image Description
Image Description

VENTURE NAVIGATOR

INVESTOR | Start up ...ย โ€ขย 7m

Why One Startup Got Funded & The Other Didnโ€™t? ๐Ÿš€๐Ÿ’ฐ Recently, I validated two pitch decks. One secured funding, while the other is still seeking investors. The difference? Smart financial planning vs. unnecessary burn. โœ… Funded Startup: ๐Ÿ”น Allocat

See More
3 Replies
1
4

Dr Bappa Dittya Saha

ย โ€ขย 

Catalystย โ€ขย 11m

๐Ÿ“Š FII vs DII: What Drives Their Market Decisions? ๐ŸŒ๐Ÿ’ผ Ever wondered why FIIs (Foreign Institutional Investors) and DIIs (Domestic Institutional Investors) make different moves in the stock market? ๐Ÿ”ธ FIIs: These global players have a short-to-med

See More
Reply
2
10

Ispat Voice

Not Me But Youย โ€ขย 10m

15 More Indian Companies Blacklisted by the U.S. โ€“ Is India Asleep? The U.S. has recently added 15 Indian companies to its blacklist, citing allegations of aiding Russia's military efforts against Ukraine. While Western nations have isolated Russia,

See More
Reply
4

Download the medial app to read full posts, comements and news.