Competition In Indian IT Industry
Submitted by kumarsv on August 4, 2008
Category: Business
Words: 1402 | Pages: 6
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A Brief Introduction to the Indian IT Industry
A quick review of the essential figures reveal that with the year ending 2004-05, the Indian IT industry recorded a growth of 33 percent, reaching an annual turnover of Rs. 124,039 Crores. Although the top 5 Indian players, on an average, have been growing at a healthy 42 percent, their combined contribution is less than 25 percent of the entire industry.
Introduction to Various Theories and Their Linkages to Our Industry
As per the strategic literature, the Indian IT industry could be trapped in what is known as “the red queen effect”. The red queen effect refers to the red queens’ advice in Lewis Carroll’s Through the Looking Glass in which she says, in order to stay in a (competitive) place you have to run hard, whereas to get anywhere you have to run even harder. Such an effect can prove...