State of IT in India

India is the second fastest growing economy in the world and IT plays a major role in contributing to the economy. Though the IT field accounts for 5.5 % of the Gross Domestic product rate of India, the present drive of this field doesn’t seem to be fair since we depend mostly on American markets where the dollar value weakens day by day its no more stable. They pay us in dollars and we are no more going to get paid as per the deal due to the fluctuations in the dollar rates. We are now concentrating on European markets to generate revenues. I m afraid we could not sustain for a long depending on other markets .It would be better to concentrate on Indian markets where there is a lot of room for improvement .Indian IT giants need act as solution providers rather than being service provides. They should concentrate more on research part where this could lead to develop solutions so that we could bring out products like Microsoft Windows, Mac OS. This could revolutionize the way of computing. We have very less number of IT professionals pursuing research work compared to our counterpart china. I feel that Indian IT companies should arm themselves with skills to face the challenges offered by various sectors in India who are now dependent on foreign companies for developing the solutions they need. Foreign countries act smarter by using our IT work force for their growth by paying our people very less. Why don’t our IT geeks work for the growth of our nation by making themselves capable of being solution providers for the sectors in our nation that are thriving for growth..If this could be made possible then i think both the nation and IT would prosper to greater heights in the coming days