A series of measures to encourage the software industry in India to expand capacity, reduce costs, improve quality and also invest abroad were put in place. •  In 2000, the introduction of FEMA changed the entire perspective on foreign exchange. The revised policies reflected this.
These rising energy prices and the uncertainty about supplies going forward, are already weighing on consumption and investment. Uncertainty about costs, resource availability and tightening financial conditions make it more difficult for businesses to plan for the future.