A major transformation is being witnessed in the field of Information Technology (IT) around the world. The shift of major IT projects from the western countries to India and China gave birth to Chindia. Chindia is a story that is more conceptual than real and more speculative than practical. The global strategists and decision-makers have to keenly observe the technological advancements of these developing nations. The book explains how the two nations might soon declare their combined influence on the IT industry at the international level. It addresses the issues, priorities and perspectives of executives leading IT businesses in China and India.

Information Technology (IT) industry is the fastest growing industry in the present world. The origin of IT began in England over 200 years ago and for decades, British retained the power and rights for its IT innovations. For a long time, they restricted the movement of the technology with strict regulations, but the control slowly shifted towards the US. This changed the scenario and today US has become the central hub for all the innovations.

This westward shift of technological innovations has changed its direction during the mid-1990s, this time to countries like China and India, the powerful countries of East. Presently, the two countries are emerging as a global hub for IT business not just because of the cheap work force, but also due to the increasing IT investments.

This westward shift of technological innovations has changed its direction during the mid-1990s, this time to countries like China and India, the powerful countries of East. Presently, the two countries are emerging as a global hub for IT business not just because of the cheap work force, but also due to the increasing IT investments. There is an increase of about ten-times in the revenues of the Indian IT industry i.e., from $4.8 bn in 1997-98 to $47.8 bn in 2006-07. This gained recognition all over the world as the fastest growing segment in the Indian economy. China is also showing rapid growth in this sector since the past 20 years.

E-Business Magazine, Information Technological, IT, Indian Economy, Global Trading, Decision-Making Process, Gross Domestic Product, GDP, Foreign Companies, Global Business Strategists, Foreign Direct Investment, FDI, Global Economic System, International Marketing, Indian IT Industry, Economic Reforms, Enterprise Resource Planning, ERP, Electronic Data Systems, EDS, Economic Liberalization.