Even until a few years back, replete with infrastructural deficiencies like inadequate water supply, power and poor roads, Indian could have hardly hoped of becoming a destination for manufacturing something as hi-tech as a microchip anytime before decades. But now as India witnesses an explosive consumption of electronic goods and equipment, this market has become too big to ignore. |
For instance many type the IT-enabled workers or back office workers (like medical transcription workers) need not work out of an old fashioned office anymore. Similarly many financial and marketing sector professionals need to be one the move always. |
In the 1980s prices came crashing down to 10,000 rupees, a plethora of cable networks arrived with channels in local languages -- that's been put to use in the information technology revolution now. |
The IT manufacturing industry is glad that anomalies of inverted excise tariff structure for the computer manufacturing industry has been addressed. The imposition of 12 per cent excise duty will establish a CENVAT chain for the computer manufacturing industry and will facilitate local sourcing of components like monitor, motherboard and keyboards among others. |
The IT manufacturing industry is glad that anomalies of inverted excise tariff structure for the computer manufacturing industry have been addressed. It will also encourage manufacturing of high-end products such as notebooks and servers. |
There's a lot of learning from the television revolution. |
This buoyancy makes us hope we'll proudly overshoot our targets, though we don't want to revise the official target. |