Aiming for critical mass
Article Abstract:
India's highly regarded software industry is shifting from an emphasis on customized software for overseas vertical-market customers to high-volume, low-value packaged software for domestic use. Initially it specialized in on-site customization and downsizing projects for international customers, then on using telecommunications advances to move on-site operations to India. Now, however, the domestic market has grown to some $470 million, making feasible such projects as Mastek's XCalibur stock-trading software.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Upmarket evolution
Article Abstract:
India's software companies have developed beyond body-shopping and selling labor to become a major export industry with quality standards among the highest in the world. The industry has grown 42% annually since 1985, from $10 million to $800 million, and 64 companies will have ISO 9000 certification by the end of 1995, more than in any other country. The largest companies have developed niche specialties, but others generalize. The domestic market remains underdeveloped, though govt policies may change that.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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Coming crisis
Article Abstract:
The Indian software industry appears to be performing very well, with a compounded annual growth rate of almost 60% for most of the 1990s and export revenues of more than $600 million in 1995 to 1996. However, the growth in software exports has in fact only just kept pace with the expanding international software market, and India's market share has remained at 0.35%. The industry's problems may get worse as it loses its competitive advantage as a result of rising wages.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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