The Indian software industry truly symbolizesIndia’s strength in the knowledge basedeconomy. Highly skilled human resourcescoupled with low wage structure and worldclass quality have transformed India into aglobal powerhouse in the InformationTechnology (IT) software services and solutionssectors
The Indian Software Industry has grown froma mere US $ 150 million in 1991-92 to astaggering US $ 5.7 billion in 1999-2000.
Indian Software Industry is estimated to beworth USD 1.2 billion.
According to statistics, country's softwareexports reached total revenues of Rs 46100crores.