A Study on Some Major Issues and Challenges in Indian Information Technology Sector

Abstract

The modern age can be termed as ‘The Age of Information’ due to the dramatic growth of the Global IT industries during the past decades and in the meanwhile India sets its position in the global IT industries starting from the year 1991, when It declared itself open to the Liberalization. Liberalization resulted in the rapid growth and transformation of different industries and Business sectors in India including the IT sectors, which attracted the Global Media and termed itself as the Information Technology Superpower. The question of survival always arises in this hypercompetitive environment where in a fraction of second the technology upgrades and provides a new, innovative and cost efficient ways of solutions to the business problems. “The twentieth century was the age of machine; the twenty-first century will be the age of people”. Human Resource is one of the major factors for the growth of Indian IT Industries. The aim of this paper is to identify few of the major issues and challenges faced by these knowledge workers of the Information Technology Industry in India not only from the external world but also from the internal world.