Indian Sofware INdustry

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Exports <Tab/>"Body Shopping". The Indian Software Industry follows 3 strategies fro growth" -<Tab/>export of labour, i.e. onsite services -<Tab/>export of services, i.e. offshore work -<Tab/>export of products, i.e. package export India emphasizes on export of labour. Reasons why India does not invest into more revenue generating areas is the following …

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…leads to location economies (it is cheaper to provide infrastructure in all its forms to a cluster of the same kind of firms than the same number of firms that are scattered), rapid interchange of information and knowledge and collaboration. Demand Conditions: -<Tab/>Poor Domestic Demand -<Tab/>Overreliance on US markets -<Tab/>Looked down on due to lack of credibility