Over the last decade, India has made a conscious effort to participate in the global software industry by providing software development services to client companies in the West. We see the Indian software industry as sustaining its competitive advantage and having reasonable growth prospects. In some ways this is a counter-point from many of the earlier predictions in the literature that suggested that the growth of the software industry in India was a temporary phenomenon which exploited an existing opportunity of shortage of software engineers in Western countries and benefited from the consequent moves towards outsourcing.
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