How has the communication and IT industry helped india to be a significant part of the global village???
Dear Student,
The communication and IT industry has helped India to be a significant part of the global village through the following ways:
The communication and IT industry has helped India to be a significant part of the global village through the following ways:
- Because of communication and IT industry, India is able to transform from an agrarian economy to a services economy and reposited the country with knowledge hub and economic growth.
- There was a time when global giants dominated but with the help of communication and IT industry,today India have their own home-grown companies and has outpaced its global peers.
- With the help of communication and IT industry,today India's BPO industry accounts for India's large amount of exports and huge amount of direct and indirect jobs.
- With communication and IT industry and India's computer policy that focused on slashing import tariffs on hardware and software,encouraging foreign investment to set their offshore units in India led to English speaking college graduates that has also lowered labour costs and helped put India as a global village.