Exports <Tab/>"Body Shopping". The Indian Software Industry follows 3 strategies fro growth" -<Tab/>export of labour, i.e. onsite services -<Tab/>export of services, i.e. offshore work -<Tab/>export of products, i.e. package export India emphasizes on export of labour. Reasons why India does not invest into more revenue generating areas is the following …showed first 75 words of 616 total…

…showed last 75 words of 616 total…leads to location economies (it is cheaper to provide infrastructure in all its forms to a cluster of the same kind of firms than the same number of firms that are scattered), rapid interchange of information and knowledge and collaboration. Demand Conditions: -<Tab/>Poor Domestic Demand -<Tab/>Overreliance on US markets -<Tab/>Looked down on due to lack of credibility