Indian Technology/IT News

[Capt M Kumar]

I remember reading sometime back that you fall in love with the U.S. in the first five minutes and then spend the next five years discovering what's wrong with it. With India, you hate it the first five minutes and spend the next five years discovering what's good about it. For many reasons such as aging parents, wanting to raise kids in India, not wanting to grow old in the U.S. in a senior citizen home etc, people wants to return to India. Some wants to relocate to India simply because of the feel that it is their home. http://www.siliconindia.com/shownews/Rel...Subscriber Another comparative article http://www.siliconindia.com/shownews/Who...717.html/2

[Capt M Kumar]

Bangalore: A 28 year old, Divya Narendra, son of an Indian immigrant doctor couple in the U.S., has moved to courtroom in battle with Facebook CEO Mark Zuckerberg. He believes that he, and not Mark Zuckerberg, came up with the idea of social networking website Facebook. Narendra, along with his former Harvard University classmates Tyler Winklevoss and Cameron Winklevoss, has charged Zuckerberg with stealing the idea they conceived over a year, when they were students at Harvard University, reports Ishani Duttagupta from The Economic Times. http://www.siliconindia.com/shownews/Fac...Subscriber

[Naresh]

.

[url="http://www.mit.gov.in/sites/upload_files/dit/files/annualreport2010-11.pdf"][center][size="6"]



[color="#0000FF"]Information Technology[/color][/size]



[size="5"][color="#FF8C00"]Annual Report[/color][/size]



[size="6"][color="#0000FF"]2010 - 2011[/color][/size][/center][/url]



The Indian IT-BPO Industry has also witnessed robust recovery in 2010-11. [color="#FF0000"]The revenue aggregate of IT-BPO industry is expected to grow by 19.2 per cent and reach US $ 88.1 billion in 2010-11[/color] as compared to US $ 73.9 billion in 2009-10.



The Indian software and services exports including ITeS-BPO exports [color="#FF0000"]is estimated at US $ 59 billion in 2010-11[/color], as compared to US $ 50 billion in 2009-10, an increase of 18.0 per cent. The IT services exports is estimated to be US $ 33.5 billion in 2010-11 as compared to US $ 27.3 billion in 2009-10, showing a growth of 22.7 per cent. BPO exports is estimated to grow from US $ 12.4 billion in 2009-10 to US $ 14.2 billion in 2010-11, a year-on-year (Y-o-Y) growth of 14.5 per cent. IT services contributed 57 per cent of total IT-BPO exports in 2010-11, followed by BPO at 24 per cent and Software products/engineering services at 19 per

cent.



Cheers