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Growth & Evolution of ITGrowth & Evolution of ITin Indiain India
A number of initiativesand innovations
GDM
ESOP
Globalization andinformation revolution
India becomes thepremier offshoredestination for offshoreservices
Import restrictions
Punitive taxes
Forex controls
Distrust among policymakers
Underdeveloped capitalmarkets
Capital shortage forinfrastructure
Poor telecominfrastructure
Reforms increased thevelocity of decisionmaking
Decentralized power toregional and statecenters
Abolishing of licenses
Rationalization of taxes
Export incentives
Rationalization of tariffs
Forex reforms
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