Financial Times FT.com

IT perspectives

By TN Ninan, editor and publisher of Business Standard

Published: May 8 2007 08:02 | Last updated: May 8 2007 08:02

India’s software industry has turned in another stellar quarter’s numbers, and seems well on its way to delivering the Nasscom-McKinsey forecast of $60bn worth of export of software and IT-enabled services by the end of the decade.

The way those numbers are calculated have come into question recently; but while there may be technical defects with the method of calculation, there is no denying that they reflect accurately the economic benefit that is being captured. This amazing record is further burnished by the many non-financial attributes of the leading companies in the field, and the personal qualities of the people who have established these companies, and lead them.

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