As the Indian IT-ITeS industry is evolving from services to products and end-to-end solutions, the revenues from software has doubled to USD 2.2 billion this year from USD 1.2 billion in 2008.
The USD 108 billion Indian IT-ITeS industry is also witnessing the rise of tier II and III cities like Kochi, Ahmedabad and Kolkata as product hubs. "The products ecosystem is rapidly evolving and is being supported by the industry, incubators, angel investors and mentors," the National Association of Software and Service Companies (NASSCOM) President Som Mittal said.
【News source】
Indian software product sales double to $2.2bn in 2013:NASSCOM
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