Global Journal of Commerce & Management Perspective
Open Access

Abstract

New Avenues of Entrepreneurship: IT Enabled Services

Dr. Pratima S. Pawar

IT revolution and emergence of new business models have changed the landscape and counters of business drastically The post-world war period saw both the corporate and national entrepreneurship attaining new heights. Today entrepreneurial efforts of China and India are visible through phenomenal rate of growth. The major cities that account for about nearly 90% of the sector's exports are Bangalore, Chennai, Hyderabad, Trivandrum, Delhi, Mumbai and Kolkata. Bangalore is considered to be the Silicon Valley of India because it is the leading IT exporter. The Government of India recognizes ITES-BPO as a major thrust area and provides incentives to industry players. Today, Bangalore is known as the Silicon Valley of India and contributes 33% of Indian IT Exports. IT-ITES entrepreneurs created wealth for themselves, their employees, their company and the nation through product development, engineering services and R and D. The present paper discusses the current situation in the field of IT-ITES in India as a new field for entrepreneurship