BUSINESSWEEK ONLINE : FEBRUARY 26, 2001 ISSUE
INTERNATIONAL -- ASIAN COVER STORY

India's Tech Sector Is a Jewel...


-- IT exports are growing 50% a year and are expected to hit $6.3 billion for fiscal 2000, or 15% of GDP

-- India graduates 125,000 engineers a year, second only to the U.S.

-- More than180 of the 500 top multinationals outsource their IT needs to Indian companies

-- R&D spending is up from an average of 2.5% of revenues in 1997-98 to 3.5% in 1999-2000



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RELATED ITEMS
India 3.0 (int'l edition)

ASIAN COVER IMAGE: India 3.0

TABLE: Software Ambitions

TABLE: India's Tech Sector Is a Jewel...

TABLE: ...But Must Add Value to Shine On...

CHART: ...And Meet Investors' Demands

PHOTO: Wipro's Vivek Paul



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