Information Technology in India
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January 22, 2013
No of pages / words:
2 / 383
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The net margins in the domestic market are at about 9-11 per cent which has improved considerably in recent years. Of late IT service providers, MNC's and domestic firms have recognised the potential of the home market and have developed strategies exclusively for the domestic market according to a research by Gartner...
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Though worldwide IT budgets are expected to increase by 3.3 per cent in 2008, slightly higher than 2007, the Indian firms would report stronger-than-average IT budget increases of around 13 per cent, according to Gartner.
* India's software and services exports are expected to reach US$ 40.8 billion whereas the domestic market is expected to touch US$ 23...
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