The Indian government has given full policy support to the development of IT industry in Bangalore. From 65438 to 0999, India established the Information Technology Department, becoming one of the few countries in the world to set up an IT department. On June 65438+1October 65438+July 2000, India's IT Act came into effect, which provided legal guarantee for the steady development of e-commerce in the country. "Returnees" have also contributed to the development of India's IT industry, bringing sufficient funds and cutting-edge technology to India. At the same time, a large number of cheap English-speaking labor forces have attracted western IT elite companies to regard Bangalore as the bridgehead for development. The strong development of IT industry has accumulated a lot of wealth for Bangalore. In 2003, India's IT industry created an output value of US$ 654.38+0.2 billion, which is expected to increase to US$ 62 billion in 2009, with Bangalore accounting for 6543.8+0/3. Bangalore attracted 654.38+08 billion rupees of foreign investment this fiscal year. IT is estimated that the export of IT industry will increase by 32% to 35% this year, far exceeding the target of 29%. However, Bangalore and even India's IT industry are also facing many difficulties, mainly due to India's overall underdeveloped economy and backward infrastructure, especially the shortage of talents. According to the information of the Indian Ministry of Information Technology, by 2009, there is still a talent gap of 500,000 in the IT field in India. India's richest man, Prejim, also said that India's IT technology industry has 800,000 employees, while the United States has 65.438+002 million. India has 300,000 employees in the field of communications, and the United States has 6 million employees. To this end, the Indian government is considering implementing tax and financial support policies to attract more talents to join IT-related service industries and IT core areas.
The development of IT industry makes Bangalore people's life more closely connected with the outside world. Sagid, a 28-year-old driver and tour guide, is a Muslim and has lived in Bangalore for 10 years. Sagid is full of enthusiasm and has a bright smile. He knows many rich people in the IT field, and he also knows Li Ka-shing in China and Hongkong. He said loudly to us several times: "I am from Bangalore, and I love Bangalore!" " "This is reminiscent of what Paramod, India's first IT industry minister, once said:" In the last three or four years, we will let every Indian feel the changes it has brought to their lives. "