Tuesday, 8 November 2011

The glimpses of India IT industry


Due to ever increasing demand of computer software and hardware, India is now counted among fastest growing IT industries in the entire Asia-Pacific region. With a rate of 28 percent compound growth every year, Indian industry for computer software and hardware has also been contributing to considerable share in total GDP. Indian IT industry has also led the trends of outsourcing in the field and has been providing high-end computer software and hardware solutions at very reasonable prices. Now India stands responsible to play major role in outsourcing market as world’s biggest outsourcing destination for almost all sorts of software and hardware requirements. Indian computer software and hardware industry, as part of Indian IT Sector, is now exporting its software and services to about 95 countries, including North America (US & Canada) as its major IT partner. Considering the tremendous growth in IT, government has already formed a separate ministry dedicated to handle internal & external IT affairs of the industry. Government has also estimated Indian IT sector as one the most productive and beneficial sectors generating remarkable wealth for the country. According to the NASSCOM, Indian IT industry (Computer Software and Hardware) brought revenues of US$29.6 billion in the year 2005.

Another very rapidly growing industry in India is of laptops and notebooks. Immense scopes are clearly visible in India and china for companies engaged in the business of laptops and notebooks. They both are affecting the growth rated to market.

If you are interested to know more about various B2B companies which are engaged in computer software and hardware as well as laptops and notebooks market, you can search them on Trademart.in which is a leading B2B marketplace for Indian manufacturer, supplier and exporter. For more information, log on to Trademart.in

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