Over the years though, India has lost its premier position in the knowledge business largely on account of various political
and socio-economic factors. Rapid industrialization in the West pushed India further down the development cycle.
However, with the resurgence of the knowledge economy, the Indian brain is again in the reckoning. Inherent strengths
such as superior logical reasoning abilities, strong mathematical skills coupled with a greater focus on education per se
makes Indians the first choice in an industry such as Information Technology. With increasing dependence on information
across industries all over the world, the need for IT professionals has been rising over the years. This report covers the industry.
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