Wednesday, November 12, 2008

Information technology and telecommunications

India is world famous for its great potential in the sector of the Technology Division Information and Communication Technology (ICT). It is one of the leading countries in the ranking of countries with greater number of qualified engineers, becoming the third-largest reserve labor highly competitive technology.

It is expected an annual growth of the ICT sector of between 25 and 30% over the next five years, reaching a value of 60,000 million dollars in 2010. This increase is based on the exports of this sector representing about 80%, and in the agreements reached between Indian and foreign companies, who are expected to continue outsourced software services in India.

The following companies SENSEX constituents and belonging to the ICT sector will be analyzed in the coming posts:

Infosys Technologies Limited

Satyam Computer Services Limited

Tata Consultancy Services Limited

Wipro Limited

The telecommunications industry, is the second in terms of attracting investment foreign concerns, after the energy sector. It is expected a big increase in investment in this sector, especially in basic telephony, satellite communication services, digital and other value added services. India is positioned as the second largest market in As for mobile phones, after China.

The largest provider of telephone services, member of the index, will be discussed Also in coming posts:

Bharti Airtel Limited

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