John Ribeiro

The global information technology (IT) services market is forecast to surpass US$707 billion by 2007, recording a...

The global information technology (IT) services market is forecast to cross US$707 billion by 2007, recording a compound annual growth rate (CAGR) of 5.7 per cent according to research firm Gartner Inc.

Huawei Technologies India Pvt. Ltd., the research and development (R&D) subsidiary in Bangalore of Shenzhen, China-based network solutions provider, Huawei Technologies Co. Ltd., is planning to increase the number of engineers at its facility from the current 550 to about 2,000 by the year 2005, according to James Yuan, chief operating officer of Huawei India. The company is adding 250 engineers during this year.

Some companies that jumped in to the business process outsourcing (BPO) market in India, unable to scale operations up to the level required by customers, are now looking to sell their assets, and multinationals are entering the fray.

Exports of software and IT services from India to China amounted to a paltry 0.05 per cent of total exports in the year to March 31, 2002, according to the Delhi-based National Association of Software and Service Companies (NASSCOM). India's software and services companies aim to change that this week with a strong pitch in Shanghai for IT co-operation between China and India.

Exports of software and IT services from India to China amounted to a paltry 0.05 percent of total exports in the year to March 31, 2002, according to the Delhi-based National Association of Software and Service Companies (NASSCOM). India's software and services companies aim to change that this week with a strong pitch in Shanghai for IT cooperation between China and India.

India may soon have a data protection and confidentiality law, according to a senior Indian government official.

Despite a recession and growing protectionism in key markets like the U.S. and Europe, India's exports of software and services registered robust growth of 26.3 percent in the year to March 31, reaching US$9.5 billion, according to estimates from the Delhi-based National Association of Software and Service Companies (NASSCOM).