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Back to Home » July 2011 News » Indian Start-ups and MNC subsidiaries, with strong support from a fast-growing domestic market, will drive India's innovation growth: Zinnov Study |
Indian Start-ups and MNC subsidiaries, with strong support from a fast-growing domestic market, will drive India's innovation growth: Zinnov Study |
July 07, 2011
IT spend in India is poised to grow to over USD 50 Bn in the next 5 years, which presents a huge local untapped market for software MNCs. The Indian Government has earmarked USD 9 billion for investment in IT initiatives over the next five years; 12% Y-o-Y rise in IT spending allocation to States.
Bengaluru, Zinnov Management Consulting, a leading globalization advisory firm, today launched the first-ever study on India's innovation potential an[...]
Source URL: http://www.1888pressrelease.com/zinnov-globalization/innovation/indian-start-ups-and-mnc-subsidiaries-with-strong-support-f-pr-316597.html
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