Nobody downloaded yet

Consequences for Indian IT Sector Owing to Globalization - Term Paper Example

Comments (0) Cite this document
This paper analyses the impact of globalization on the Indian IT sector. The paper starts with a brief background of the IT sector in India and then proceeds to the problem statement. After discussing the methodology of research followed in this paper; it also reveals its limitations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Consequences for Indian IT Sector Owing to Globalization
Read TextPreview

Extract of sample "Consequences for Indian IT Sector Owing to Globalization"

Download file to see previous pages It has been previously mentioned that the year of commencement of globalization in India is determined as 1991 by most scholars. Over the years India became more and more liberated or globalized. This movement from lower lever of globalization to a higher level of the same and its associated positive impact on IT sector gets well illustrated through the statistical data provided by NASSCOM. The estimated total revenue of the sector is USD 73.1 billion in 2010 and IT software and services segment sum up to USD 63.7 billion in that (Nasscom Strategic Review, 2010, p. 6). The IT software and service sector is mainly outward oriented regarding its final product and that orientation would have been impossible unless India would have gradually embraced globalization. The IT sector revenue as a percentage of GDP has increased from 1.2% in 1998 to 6.1% in 2010. Its share in Indian export has risen from 4% in 1998 to 26% in 2010. The gross export revenue has been estimated at USD 50.1 billion in 2010 and it has registered a growth of 5.4% over the previous year. The export figure for an industry reflects its level of globalization. For Indian IT sector 69% of its total revenue comes from export and this figure depicts the globalized nature of this Industry. Globalization has introduced BPO to the industrial world and for India, it’s the fastest growing segment of the IT industry. The BPO segment is expected to grow at a rate of 6% and reach USD12.4 billion in 2010. Such a massive presence of BPO segment portrays the fact that globalization indeed has influenced the IT sector more than anything else. The BPO earning draws more importance considering the fact that most of its revenue if not total comes from abroad and that contributes to the foreign exchange reserve of the country.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Consequences for Indian IT Sector Owing to Globalization Term Paper, n.d.)
Consequences for Indian IT Sector Owing to Globalization Term Paper. Retrieved from
(Consequences for Indian IT Sector Owing to Globalization Term Paper)
Consequences for Indian IT Sector Owing to Globalization Term Paper.
“Consequences for Indian IT Sector Owing to Globalization Term Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Consequences for Indian IT Sector Owing to Globalization

Consequences of Neoliberalism. Economic Consequences of Neoliberalism

...? Consequences of Neoliberalism Neoliberalism Neoliberalism refers to a market-driven approach to the policy making process for running economy and society (Campbell and Pedersen, 2001, p3). The approach basically stems from the neoclassical theories of economics focusing upon the efficient role of the private enterprises, trade liberalization and establishment of open markets. Neoliberalism supports maximum role of the private sector in determining the dimensions of the political and economic policies and priorities of a country (Klak, 1998, p76). Neoliberalism stresses upon the shift of control from the public to the private sector because it is based upon the belief that the greater...
14 Pages(3500 words)Essay

Consequences of Globalization of Labour

...?Consequences of Globalization of Labour Introduction Today, there is massive worldwide movement in pursuit of an integrated approach to trade, economic, communication, and financial issues. The essence of globalization is to open new frontiers both in the local and international domain such that a broader new look can be put into place. This is characterized with independency and interdependency in the entire world to facilitate efficient transfer of goods, services, capital, and labour across the national frontiers. In this regard, this paper looks at the consequences of globalization in this case and discusses some of the positives and negatives that come with such moves. Within the globalization of labour, we understand... there is...
7 Pages(1750 words)Essay

Indian Family

... Brahminical Gender-Role Anxieties Cultures, for the most part differ vastly in what specifically defines the ideal and proper gender rolesfor men and women. For instance, in India, Bangladesh and Pakistan, the highly regarded mores of honor, shame and purdah dominate and therefore control of the sexuality of a woman is therefore a major issue. The dialogue referred to in this assignment attempts to debate, decide and ultimately justify who it is, that is in charge of the family unit as a whole. Is it the husband or the wife It is akin to the question of which came first, the chicken or the egg Here, it is clear that regardless of who will ultimately dominate the seed (which here is the child) the field is the mother... Brahminical...
2 Pages(500 words)Essay

Features and Consequences of Globalization

...Features and Consequences of Globalization Introduction Globalization is not a buzzword today. It is seen as the central driving force behind a number of the rapid changes (socioeconomic and political) that are reshaping the world order. Globalization initiatives are rapidly breaking down Trade and investment barriers between countries and corporations are spreading their operations across the globe. Consumers are able to access an ever-growing basket of goods and services. Countries, companies and individuals are increasingly beginning to take into account what is happening across the world, rather than in only the country in which they are based. In short,...
9 Pages(2250 words)Term Paper

Impact of globalization on Indian Capital markets

...The role of foreign investments has gained manifold in the various sectors from IT to wholesale, from real estate to infrastructure and from retail to share markets. But to what extent have these investments boosted the Indian economy is the purpose of the study. The increasing role of the foreign investors in the Indian sphere has provided additional economic and business benefits but this is not free from limitations. Research Question- How has globalization boosted Indian economy? Is there any limitation associated with foreign investment? Chapter 2- Literature Review The globalization originating towards the middle of the...
10 Pages(2500 words)Essay

Indian Culture

... Indian Culture 1. Comparison and contrast of the objects The first object shows the Seated Buddha on the Lion Throne Mathurā Region, India Kushan Dynasty, ca. 124 CE while the second picture shows Indra and Sūrya Vihara, Bhaja, India Shunga Dynasty, ca. mid 2nd c. BCE. The picture showing Buddha seated on the throne is a sculpture well curved using a red sand stone while the second object is a pigmented relief sculpture made from a volcanic stone. The evident contrast of the two objects is that they are constructed from two different stones hence differ in quality. The other similarity is that the two objects are a representation of culture. Both the first objects are an animation of the human race in the traditional leadership... . The...
2 Pages(500 words)Essay

America indian study- Indian Community Event

... 31st Native American Recognition Days The 31st event of the annual Native American Recognition Days takes place in October through November and involves the recognition of Indian Tribes from Phoenix and its environs ( 1). This year, various volunteers from community groups arranged the event. The volunteers created two months of events that seek to celebrate the culture and heritage of its Native American community. This weekend, the event carried on the overall theme of this year’s festivities with a lot of dance, music and art exhibitions. Throughout the event, various shows of dance and artwork enhanced the participant’s knowledge of Native American culture, especially through the vendors who were eager to explain... what they...
2 Pages(500 words)Essay

Is Globalization an Evil or Benefit investment boost the productivity of domestic firms?. The Review of Economics and Statistics, 89(3), pp. 482-496. Hopkins, A. G., 2011. Globalisation in world history. Germany: Random House. Huntington, S. P., 2007. The Clash of Civilizations Revisited. New Perspectives Quarterly, 24(1), pp. 53-59. Mukherjee, A. and Patel, N., 2005. FDI in Retail Sector India: A Report, by ICRIER and Ministry of Consumer Affairs, Government of India. Indian Council for Research on International Relations, New Delhi. Saggi, K., 2002. Trade, foreign direct investment, and international technology transfer: A survey. The World Bank Research Observer, 17(2), pp. 191-235. Watson. E., 2012. Quotas arent the best...
8 Pages(2000 words)Term Paper

Impact of consequences of globalization on consumers

...opened numerous restaurants in India. Typically, common products sold by McDonalds include burgers and pizzas, which are made of beef and other meat products. Consumers in India do not consume beef because of cultural reasons. Faced with stiff competition coupled with a desire to increase its revenues, McDonalds’ chains in India slipped beef into its burgers. Upon the realization of the unethical act of incorporating beef into the burgers, Indian consumers became dissatisfied with McDonalds’ products. In fact, a lawsuit was filed against the American company for offering products or questionable quality to consumers in the globalized Indian market. In this regard, it is evident that...
9 Pages(2250 words)Research Paper

Indian Art

...Indian Art Indian Art Greco-Roman implies having both Greek and Roman traits or a style of art developed in Rome from the 1st century B.C. to the early 4th century A.D., primarily typified by a clear gratitude to Greek motifs or forms modified by monumental scale, technological innovation, the blending of narrative with symbolic treatment of themes, and a stress on the remembrance aspect of a art work.1 This paper will discuss two works of art from the Gandharan period and describe the Greco-Roman and Hindu influence in each. The two selected art works are Wrestlers Weight with Hercules and the Nemean Lion and the Stair Riser with Marine Deities or Boatmen. Wrestler’s Weight with Hercules and the Nemean...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Consequences for Indian IT Sector Owing to Globalization for FREE!

Contact Us