The labour productivity in software services is estimated to be twice that of the manufacturing sector. The emergence of strong international labour market and increasing demand for information and technology trained manpower has led to global mobility of qualified manpower as well as services generated by such pool of trained manpower. It creates valuable network of finance, business and skill formation.
Particularly in case of software industry, hubs located in India now provide real time software support, data processing and customer services for clients all over the world. The software exports from India have witnessed growth from $ 325 million in 1993-94 to $ 9,600 million in 2002-03.