Recent developments in Information Technology in India.
A nation's development potential depends upon its ability to continuously educate its population and its ability to create armies of skilled manpower. In particular, use of Information Technology (IT) in acquiring knowledge and skill has become an essential element in education and training. These IT elements in the educational process have magical effects.
Higher education without the support of IT makes the lives of learner and teachers equally difficult. A nation's intellectual strength depends on IT support. The use of computing and communication technology to enhance the efficacy of transaction and productivity is the driving force in this new era of social and economic transformation in the new society called Information Society.
A strong IT infrastructure can give an institution a competitive advantage for the best students and faculty and an advantage in competition for absorbing external research grants to execute studies, research etc. in a short time and with great resolution. The quality of an institution's environment for digital information storage and retrieval has, for any disciplines, become more important than the institution's conventional, library resources in print media.
Information technology has come a long way in a short period of time. It has helped to shape societies economically, socially, and culturally. As for IT itself, one major change is the change in perception that it has undergone from being an infrastructure in itself to being a tool to aid infrastructure development.
This paper focuses on the developments in the Indian IT Industry. Briefly the Indian IT Industry has been classified into Software Market, Hardware Market, and IT Enabled Services etc. But all the information could not be put on a single page. Hence, we decided to focus only on some essential markets.
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Software Market.
1. Software exports grew by only $1 billion in fiscal 2001-2002, compared to $2 billion the previous year.