IIMB Management Review
Document Type
Discussions (Round Table)
Abstract
The Information Technology (IT) industry in India achieved a compounded annual growth rate (CAGR) of 39.4 % from 1995-96 to 2000-01 in US dollar terms, increasing from $1224 million to $8260 million. Predictably, much of this growth came from exports which increased from $734 million to $6200 million, representing a CAGR of 42.7%. Software services accounted for 8.1 % of the exports during 1999-2001. During the previous years services accounted for an even higher proportion of exports.
Recommended Citation
Sabarinathan, G
(2002)
"Venture capital and IT firms in India - Vital issues,"
IIMB Management Review: Vol. 14:
Iss.
1, Article 14.
Available at:
https://research.iimb.ac.in/imr/vol14/iss1/14
Publication Date
3-1-2002
First Page
73
Last Page
78