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System conceptualization for IT policy at industry level

Baboo P.K.


Abstract

Information Technology (IT) industry of India is today a respectable member of the global economy having been universally acknowledged as strategic tool for development. It is an invisible thread passing through all the functional areas of complex business activities. Further, it has drawn the attention as being one of the progressive industries and a key contributor to the national economy especially during the last decade or so. Looking at the huge potential in the IT sector in the early 1990s, many small, medium, and big firms in India started software business, but because of lack of systematic strategies and low ability to cope up with the dynamic market behavior, some of them either closed down or went into red. There are many questions that concern the top management of the firms, academicians, researchers and policy makers. How is the progress of India in global market in software industry? Why India is not No.1 in the global software market? What are the existing policies in IT industry in India that influence its growth? Whether any flexibility in the policies will help India for its growth? How can software firms adapt the flexible strategies to contribute to India's growth? In order to discuss various issues coming out of the questions, an in-depth analysis of the software and services industry, which is an emerging and major industry in the Information Technology area in India, is required. And for this, a detail discussion about the IT software and services industry is carried out here at the conceptual level.

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Keywords

IT Policy, Software and Services Industry.

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