FDI equity inflows: Rs 48,135 crore ($10,821 million)
The sector is growing at a speed of 45 per cent during the recent years.
Software Technology Parks, regulatory reforms by the Indian government, the growing Indian market and availability of skilled workforce have been important factors in boosting FDI inflows to computer software and hardware in India.
Telecommunications (radio paging, cellular mobile, basic telephone services)
It has emerged as the largest and fastest growing sectors in the world economy, making higher contributions to the global output and employment.
The computer hardware industry has occupied about $1.4 billion in the entire electronics hardware industry as has been accounted in the Financial Year 2005.
The computer software industry has witnessed a growth of 28 to 30 per cent CAGR in the past five years.
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With strong governmental support, foreign direct investment has helped the Indian economy grow tremendously.
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All the figures are for April 2010 to March 2011.
The contribution of the services sector to the Indian economy has been 55.2 per cent in gross domestic product and has been growing by 10 per cent annually.
Only community, social and Burberry Backpack Review
the public and the private sectors.
The service industry forms the backbone of social and economic development of any region.
FDI equity inflows: Rs 48,313 crore ($10,611 million)
India's top 10 sectors
A Backpack Prada Department of Industrial Policy and Promotion fact sheet mentioned 10 sectors attracting highest FDI equity inflows.
FDIs in India are permitted through financial collaborations, private equity or preferential allotments, by way of capital markets through euro issues, and in joint ventures.
Foreign direct investment Inflows to Computer Software and Hardware Industry in the first half of the fiscal year 2007 08 has been $0.3 billion.
In 1998 and 1999, the Indian government announced a number of reforms designed to encourage and promote a favourable business environment for investors.
FDIs, however, are not permitted in the arms, nuclear, railway, coal or mining industries.
This rapid growth is possible due to various proactive and positive decisions of the government and contribution of both by Burberry Cell Phone Case
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personal services have registered a low growth of 5.7 per cent due to base effect of fiscal stimulus in the previous two years, thus contributing to the slight deceleration in growth of the sector.
This includes personal computer, servers, and laptops.
The Indian Telecommunications network with 621 million connections (as on March 2010) is the third largest in the world.
The two broad services categories, namely trade, hotels, transport, and communication; and financing, insurance, real estate, and business services have performed well with growth of 11 per cent and 10.6 per cent, respectively in 2010 11.
India has continually sought to attract FDI from the world's major investors.
Hundred per cent foreign direct investment is permitted under automatic route in the computer hardware industry.
2. Computer (software hardware)
An international comparison of the services sector shows that India compares well even with the developed countries in the top 12 countries with highest overall GDP.
Prada Cahier Lion