IT industry in India During the past decade, the Indian IT industry has been experiencing a dramatic growth. It grew from Rs.4.7 billion in 1991 to Rs.755.47 billion in 2003, accounting for nearly 3% of the GDP. The revenues generated from software exports reached $10.4 billion for the financial year 2003 with a 30% growth over the previous year. The main factors which contributed to the success story of the Indian IT industry are: -Support from the government in the form of industrial parks, which enjoy various incentives and tax benefits. -Liberal export import policy.
The growth was mainly attributed to stronger-than-expected device sales and Mobile Station Modem (MSM) chip shipments during the quarter. The result piped analysts' consensus estimate for sales by 0.65% but significantly surpassed the earnings estimate by 14.21%, according to data compiled by Reuters (source) . As a matter fact, it has a rather strong history of meeting/surpassing estimates for both revenues and earnings of late, which speaks volumes of its business tran... ... middle of paper ... ...rly dividend by 20% to $1.68 per share that yields at 2.20%. With this hike, the five-year average dividend growth rate stands tall at 20.24% per year. Second, it extended its share repurchase program by $5 billion to a total of $7.8 billion.
The key players in the elevator industry are Otis (50%), Kone (8.8%), Bharat Bijlee limited (8.6%) and ECE industries limited (8.4%). Otis dominated the market, both from product and service point of view and it is also considered to be the most profit making firm in the elevator industry. Elevator industry in India today Given the annual growth rate of approximately 8.5% between 2006-07 to 2010-11 and a growth rate of approximately 4%-5% despite the global recession, the real estate market in India is growing at a steady pace and will continue to grow steadi... ... middle of paper ... ...elevators and 3 Schindler 5400 elevators in residential complex. Another unique project which was undertaken by Schindler is Mumbai’s luxury hotel, Sahara Star. The structure of this hotel is circular in shape and is designed in such a manner that it looks more like a tropical natural reserve than just a hotel.
This high human ca... ... middle of paper ... ...better academic and professional training enables Indian companies in providing world class services. Decades of expertise in IT industry- The history of Indian IT industry stretches back as far as 1968, when first software developing companies were established in India. By 1990, when India liberalized its economy and opened up to the world market, the world was witnessing what is popularly known as India's IT boom. Currently IT industry in India employs over 2.54 million professionals, making Indian IT industry world's largest technical force. This workforce is expected to rise by 10-15% in 2012-2013, despite the meltdown and Euro crisis.
Semiconductor industry is very cyclical and it depends on overall demand for electronics using semiconductors. In periods of high demand, capacities are increased and industry develops quite fast. However, once the demand shrinks, some companies from this sector face serious difficulties to stay in the market. Another challenge semiconductor manufacturers face is high cost of research and development. In order to stay competitive, companies have to invest a lot and offer high performing semiconductors with competitive prices.
The next 5 years will see digital technologies increase their influence across the industry leading to a sea change in consumer behaviour across all segments. It is projected to be more than US$ 62.2 billion by FY25. Segments of Indian Media Industry Television: The entertainment industry continues to be dominated by the television segment, with the segment accounting for 44.24 per cent of revenue share in 2016, which is expected to grow further to 48.18 per cent by 2021. Television, print and films together accounted for 79.54 per cent of market share in 2016, in value terms. Print: Print media would be the second largest sector in the overall entertainment industry in India.
India's IT growth in the world is primarily dominated by IT software and services such as Custom Application Development and Maintenance (CADM), System Integration, IT Consulting, Application Management, Infrastructure Management Services, Software testing, Service-oriented architecture and Web services. A report by the Electronics and Software Export Promotion Council (ESC) estimates software exports to register a 33 per cent growth in the current financial year with export figures during FY 2008 expected to reach US$ 45 billion. The country's IT exports have, in fact, come quite far, starting from a few million dollars in the early 1990s. The Government expects the exports turnover to touch US$ 80 billion by 2011, growing at an annual rate of 30 per cent per annum. Outsourcing A research by Gartner forecasts India as the undisputed leader in the outsourcing space in the year 2008.
This is one of the reasons that makes HP a leading technology company in the growing IT markets (HP Annual Report, 2003). Hewlett-Packard generated nearly $6.1 billion in cash flow from its operations and increased its cash and equivalents by 3 billion in 2003 (Datamonitor, 2004). Debt levels in this year were also very low which was significantly lower then the previous year. This is a great advantage which enables the company to increase its investments. HP always recognized the need to compete in global markets.
Some of the products: Xbox, Windows Phone, Bing decision engine, Microsoft Office and many more. This has allowed Microsoft to generate power and become a global corporation. This is supported by the fact that Microsoft has shifted from selling programming languages and operating systems to com... ... middle of paper ... ...one extremely well, battling numerous competitors to stay relevant within the market and continue to grow. This is emphasised by the fact that it is the largest software vendor in the world. However, globalization has allowed monopolistic competition to occur as there are now other firms in the market that compete with Microsoft.
Patni Computer Systems Ltd. Company description Patni Computer Systems Ltd., is one of the leading global providers of Information Technology services and business solutions. It is India’s sixth largest software company with revenues in excess of US$ 550 million. Patni has registered a compounded annual growth rate of 45%, in the last five fiscal years. Patni has 3 decades of experience in the IT industry and a task force of 12000 highly qualified professionals. Patni has significant expertise in the fields of Embedded Software Development, eBusiness and Enterprise Application solutions, GIS, Migration & Re-engineering, Enterprise Management & Maintenance and Business Process Outsourcing.