How Software Industry affect the economic growth of a country like India?
151876
Software industry is like turbo for the economic engine of the country. Its almost like an after burner in a rocket. It gives an impetus to the growth levels. The reason India's growth rate is going to touch double digit is because of the solid and growing Software industry.
617985
Factors that are detrimental to a nation's growth vary from one nation to another. However the prominent factors are- a high population growth rate, high rate of unemployment and social and income inequalities. These along with secondary factors like inflation, corruption etc. retard the growth of developing nations.
724616
Services Sector\n\nServices the 'tertiary sector' of the economy covers a wide gamut of activities like trading, banking & finance, infotainment, real estate, transportation, security, management & technical consultancy among several others. The contribution from services sector today stands over 40 per cent of the total GDP in India. The sector currently employs close to 20 million people in India. The TIFAC study on Services covered nine select sub-sectors ranging from advertising, HRD services, testing & certification to Government administration.\n\nFor all the aforesaid areas IT plays the prime role in information processing, storage & access with a view to providing improved services to the consumers. Some of the typical IT applications in major services sector are outlined in the following sections.\n\nfor more information\nhttp://www.census.gov/svsd/www/economic.html
704871
Most of the US IT jobs are in India.  Stay there.
201417
1. Take past data on each socio-economic parameter (like population/ literacy / per capita income / working pop etc- which ever relevant to ur industry).\n2. Take past data of ur industry growth.\n3. Run correlation of parameteres to ur industry growth - identify which ones are highly correlating. (>0.9).\n4. Get data of socio-economic parameter projected for next few years - from trusted expert sources\n4. Use regression analysis to project industry growth hence.\n\nAnd, thats the way its done.
139196
It will have to. The only way to get a solid foundation to the economy is by being creative - manufacturing products. Granted that the services sector has been a major contributor to the GDP of the country, but this is akin to a big gamble. The day the western countries stop outsourcing, India's income is gonna get cut BIG TIME.\n\nHence, the only solution is to delve into manufacturing. And all the questions that arise with manufacturing can only be solved through R&D.
600475
Small and medium sized businesses are big employers, at least in India. Hence they play a major role in improving life's of people by paying them wages in  exchange for work done.\n\nThe labour laws are quite strict too and hence the days of labour exploitation by these kinds of industries are slowly ending.\n\nThey also have improved in product quality to compete with the global markets, hence are good dollar earners for India.
569115
It is a fast developing nation,in all the sheres particularly in the Information technology sector.What else u want to know?
515455
its a tech i.e. engineering u have really bright prospect in R&D sector and pharmacy sector in INDIA specially the pharmacy sector is booming so u can give a try to it
634953
As it was in the early days in America, when manufacturing was growing there are many companies in which to invest. Find the companies that are in growing businesses. There are many companies that are working for Americans without taking jobs from America. American tax preparation is a large industry in India, it indirectly affects American jobs, find a company that you can invest in. Telecommunications is super huge and growing in India.\nI hope this helps.
1077001
i don't think that any such services have profound impact in the Indian market. You can enquire in your local computer wizard community for details. That will by my best bet.
611615
BY GROWING OF INVESTMENT IS MAIN ECONOMICAL ANSWER.TO GROW YOUR COUNTRY ECONOMY. FDI CONTRIBUTION DEVELOPED AND CAN EXPLAIN OTHER ECONOMICAL PROBLEM AND CONFLICT.IT GIVE MORE SPEED OF ECO DEVELOP RATE AND MORE COMPETITIVE .IT GIVE ADVANCE FOR DEVELOPING COUNTRY. SO, MANY COUNTRY OF THE WORLD INVITE FDI.
1042631
Most of the IT companies prefer Pune.  Hence the land prises increased immensly.  and these IT companies gaves higher slalaries to their employees.  Hence the rent alos increases by more than double.
576479
SSI Sector in India creates largest employment opportunities for the Indian populace, next only to Agriculture. It has been estimated that a lakh rupees of investment in fixed assets in the small scale sector generates employment for four persons.\n\nSSI Sector in India creates largest employment opportunities for the Indian populace, next only to Agriculture. It has been estimated that a lakh rupees of investment in fixed assets in the small scale sector generates employment for four persons.
338935
Well, i'm glad you're seeing world with a wide vision..\n\nYes in 2004 a statistical survey was conducted by US banks & financial institutions... Major banks like JP Morgan was involved to study the world economy after few decades... the survey produced an astonishing result!\n\nRESULT: After 50 years, China and India will fight for the world number 1 spot, with US behind by 1/2 ranks...\n\n1. China / India\n2. Japan / US\n\nThe suryvey was based on the current growth of china & India, but if the rate depreciates then the result may be different...\n\nReasons: \n\n* China will become the world leader in exports of consumer products, electronics, computer hardware services...\n\n* India will become the world leader in software industry and export man power worldwide to make its economy boom.. India already leads manpower in s/w industry\n\n* Japan will also be the world leader in automobile, electronics, technology...\n\n* US will be the world leader in research, technology, arms & weapons exports...but economy made down by constant terrorist wars and other competitors like china...\n\nThe World No 1 spot:\n\n* China has major chances than India because of its world largest communism idealogy. Even after supports from world biggest democratic countries, India will lose because of infrastructure and democratic beaureacracy..
508413
As the share of the US in world gross domestic product falls (from 21 per cent to 18 per cent) and that of India rises (from 6 per cent to 11 per cent in 2025), India is emerging as the third pole in the global economy (behind USA and China).\n\nBy 2025 the Indian economy is projected to be about 60 per cent the size of the US economy. The transformation into a tri-polar economy will be complete by 2035, with the Indian economy only a little smaller than the US economy but larger than that of Western Europe.
403855
Pay your workers a better wage and India will develope just fine.