Even though, STPI Centres have come-up across
the country at as many as 57 locations, the major Industry
concentration is at Bangalore, Noida, Mumbai, Chennai, Hyderabad and
Pune, reflecting the natural technology clustering effect that
has taken place in other technology clusters like Silicon
Valley, Boston, Dallas, Ireland, Sweden and Tokyo.
First Phase: In 1991-92, there were
very few Indian companies who were doing software exports
from India. Those exporting software included few multinational
companies like Texas Instruments, Hewlett Packard, and Digital.
One could term this as the first phase of the developmental
Second Phase: In the second phase
of the developmental process, the concept of the "Offshore
Development Work" took birth. This second phase of the
development, which started in 1993, took India, infact
Bangalore,Mumbai in particular, to greater heights by 1998-99.
By the end of March 2001, the Industry has grown to US $ 5.7
billion in software exports with 380 multinational companies
establishing base here, the largest concentration of the technology
services. All the Global Leaders in Hi-Tech areas like IC
Design, Communication Software and System Software have setup
a base for their operations in India.
Third Phase: The success of the
2nd phase paved the path for the third phase of development
to take place. The third phase of development led to very
close and intimate relations with the Silicon Valley start-up
companies. In fact, every small Hi-Technology Start-up Company
in Silicon Valley valuated at millions of dollars in US market,
started establishing their development Centers in Bangalore,Pune,etc.,.
Fourth Phase: During the fourth
phase of the development many Indian companies started owning
the intellectual property within India and earning the royalty
from the global players.