India’s High Tech Industry: Successes And Shortcomings In The Software Export Industry

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...proven itself. The astronomical rise Indias technology stocks in the aftermath of the destruction of the New York Trade Center from the desperate lows the industry had experienced just a couple of years previously is indeed quite impressive. Leading names in the industry like Infosys and Wipro are joined in their rebound by second tech stocks as well. In reality India has no actual tech stocks but rather software services companies (Business India, 2002). While India has enjoyed a reputation of producing top players in the software design industry, many of those players must seek work outside the country. There are, in fact, many other shortcomings which act to limit Indias potential in this industry. The establishment of the high tech infrastructure needed to support software design and manufacture, software diversification, and the identification of other potential markets for export are items of priority for India in todays complex business arena.
Business India (2002) notes two-hundred and three-hundred percent rebounds for many of Indias technological companies since the attack...

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