Several factors have contributed to India’s growing dominance in the software sector, including:
Skilled Workforce: India boasts a vast pool of highly educated and trained engineers and software developers.
Affordable Operational Costs: The relatively low costs of labor and operational expenses in India make it an attractive destination for outsourcing.
Globalization and Technological Progress: The rise of globalization and rapid technological advancements have enabled Indian firms to stay competitive in the global market.
Government Support: Initiatives such as the Software Technology Parks of India (STPI) have significantly boosted the growth of the software sector.
