Everyone talks about India becoming an IT super power...Will India ever become a IT super power? Is the country on the right direction? Here's a study that states where India stands in terms of IT supremacy.
India is ranked 48th in the world in the IT industry competitiveness index 2008. India has an overall score of 28.9 on the IT competitive index as per the study conducted by the Economist Intelligence Unit. The study assesses and compares the IT industry environments of 66 countries to find out the IT sector's competitiveness.
The study revealed that India performed best in business environment and support for IT industry development with a score of 59.3 per cent and 54 per cent. Areas of improvement include IT infrastructure and R and D environment, which are relatively low in the IT industry competitive index.
"Tougher times lie ahead for information technology (IT) producers as an economic
slowdown brings weaker IT spending in the US, western Europe and Japan. Even amid shifting market conditions, however, the fundamentals of IT industry competitiveness remain constant," says the EIU study.
Image: Wipro chairman Azim Premji( L) with Infosys chief mentor N.R Narayanmurthy (C) and Finance Minister P Chidambaram.| Photograph: Dibyangshu Sarkar/AFP/Getty Images
Also read: Prosperity? India ranks poor 70
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