Presence of Multinationals like IBM, HP has made possible transfer of hardware technology into the country, Internet has further bridged the time gap ensuring arrival of the latest technology simultaneously in INDIA and the West without delay. The domestic hardware industry has witnessed quantum growth in the turnover and profits, which is largely attributable to our liberalized economy. On the software front various software giants like IBM, Motorola, Oracle, Samsung, HP, Digital, Unisys, AT&T, ICL, Fugitsu etc. have opened software development centres in the country. The number of professionals in this industry is believed to have crossed the 2 lakh mark and still there is a huge gap between the demand and supply of professionals which is an encouraging sign. The US alone requires around 3 lakh professionals, leave aside other countries. It is believed around 65% of the world's software is produced in INDIA. INDIA is also exporting software to around 100 countries including many countries which are exclusive buyers from INDIA. Many Indian IT companies like Infosys, Wipro, NIIT, Zenith computers, Satyam Computers, STG, Pentafore Software, Mastek etc. are expanding themselves in a big way making their presence felt globally.

The phenomenal growth which this industry is witnessing has lead to it being recognised as one of the highly paid industry. As this industry is young, the average age of professionals is lower than any other industry. The availability of skilled, qualified professionals is hardly able to meet the requirement, leaving a large gap to be filled by those with ambition, aptitude and willingness to work hard.