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Technological Innovation and International Competitiveness for Business Growth pp 361–387Cite as

Palgrave Macmillan

Fostering Business Growth and Innovation Through Internationalization: The Interesting Illustration of the Indian IT Industry

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Abstract

With the advent of technological revolutions, India has had major opportunities to leverage its information technology industry and bring it to the world forum as a preferred destination. Unparalleled business growth of the IT industry has been majorly possible due to its unique business model that pulls the strength of internationalization. This chapter gives the history of information technology, followed by an overview of the Indian IT industry, and its global dominance. In doing so, this chapter discusses the interesting theoretical models and frameworks that largely explain the success of the Indian IT industry followed by the elaboration on its innovative global delivery model that utilizes internationalization to gain competitive advantages. This chapter concludes with the implications of the internationalization strategies and approaches to foster business growth for the Indian IT industry.

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Authors and Affiliations

  1. School of Management, Graphic Era Hill University, Bhimtal, India

    Santoshi Sengupta

  2. Newcastle University Business School, Newcastle University, Newcastle upon Tyne, UK

    Parth Patel & Sawlat Zaman

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  1. Santoshi Sengupta
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  2. Parth Patel
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  3. Sawlat Zaman
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Correspondence to Parth Patel .

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Editors and Affiliations

  1. Department of Management and Economics & NECE Research Unit in Business Sciences, University of Beira Interior, Covilhã, Portugal

    João J. M. Ferreira

  2. Higher Institute of Administration and Languages, Research Centre—ISAL, Funchal, Portugal

    Sérgio J. Teixeira

  3. NECE—Research Unit in Business Sciences, Funchal, Portugal

    Hussain G. Rammal

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Sengupta, S., Patel, P., Zaman, S. (2021). Fostering Business Growth and Innovation Through Internationalization: The Interesting Illustration of the Indian IT Industry. In: Ferreira, J.J.M., Teixeira, S.J., Rammal, H.G. (eds) Technological Innovation and International Competitiveness for Business Growth. Palgrave Studies in Democracy, Innovation, and Entrepreneurship for Growth. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-51995-7_14

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