IT revenue now is US$ 13.5 billion and will be US$ 87 billion by 2008 – IT export now US$ 10 billion will be US$ 50 billion by 2008.

	India has the largest pool of IT manpower
	India has a 20% market share in the global ….. country customized software develop0ment market.
	Over 36 of the 58 companies in the world who have achieved SEI level maturity are in India.
	Majority of the well known multinational IT companies have either software development center or Research Development Center in India.
	One third of the e-commerce start ups in Silicon Valley continue to be by Indians.
	Over half of Future 500 companies are outsourcing their software requirements to India.
	About 0.5 million professionals employed in Software & IT services at present and the demand in 2008 is projected at 2.2 million.
	IT has already emerged as the No.1 choice for career in India.

Indian capital market have rewarded Foreign Institutional Investors (FIIs) with attractive valuations and increasing returns. Stock Exchange – the Mumbai Stock Exchange continues to be the premier exchange in the country with an increase in market capitalization from US$ 40 billion in 1990-91 to US$ 203 billion in 1999-2000. The stock exchange has about 6,000 listed companies and an average daily volume of about a billion dollars

Entertainment - The last decade has seen the Indian entertainment industry grow exponentially. The industry is expected to grow at 27% annually. Revenues are projected to increase to US$ 10 billion in 2005 from 3 billion in 2002. India is one of the most media-exposed countries when compared to its Asian counterparts due to its size and consequently a large consumer base.

Films - The Indian film industry is largest in the world in terms of number of movies produced. India produces 800-900 movies every year in 52 languages and provides direct and indirect employment to 5 million people. The first commercially successful film was made in 1913. The exports of Indian films in the last few years have seen a dramatic upward swing.

Television - Television accounts for the largest slice of the urban India’s media consumption pie (72% of total media consumption). Television software is also expected to grow in India as technology is affordable and manpower cost is low. Film distribution is turning out to be a lucrative business. Television software content development is expected to experience healthy growth in the coming years. The radio industry is witnessing several private FM channels being launched in many Indian cities. http://mib.nic.in