Strategic Alliances in IT Sector A Study of Select Indian Companies

Abstract

Emerging economic regions play a critical role in global economies. The economic context of newlinecountries in emerging world is of crucial importance both for incumbent firms as well as new newlineentrants and has a significant relationship with the strategies of these firms. India s announcement newlineof new economic policy in July 1991 was a milestone in its efforts to open up the economy and newlinemove to the center stage of international business. As a result of this change, many multinational newlinecompanies entered India through various strategic alliances to improve chances of their success, newlinelocally and globally. newlineAfter opening up of India s economy, the GDP growth rate which was hovering at 3.5% has now newlinereached to 9% and Information technology (IT) has emerged an important driver of this economic newlinechange in India. Almost all top software companies of the world have products or services which newlinehave been developed or supported in India..... newline