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Wednesday, December 7, 2011


Data source: The Mint


The Indian I T Industry has witnessed several headwinds in recent times. The industry has been touted as one that would suffer the adverse impact of the global financial crisis. The reason being that people expect order inflows for the industry to decline as client industries come under pressure. Though there is no evidence of this as of now, even stalwarts of the industry have stated that the global demand environment continues to be uncertain and this may have an adverse impact on the industry. But even then, as per a recent study done by The Mint, the IT industry still continues to witness the maximum number of start ups in India. As shown in today's chart of the day, entrepreneurial interest in India is maximum in IT (Information Technology). The other sectors which see high level of start ups are education, retail and m edia
(source:J Mulraj)

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