Murthy's law

Infosys chairman, Narayana Murthy give his views on the India versus China debate in the tech battle of the future.

Looking forward 10 or 20 years, how big a part of the Indian economy will software and technology become percentage-wise

The ambition of the Indian political leaders, corporate leaders and the bureaucracy is that by 2008 we should have software exports of about $50 billion and a domestic market of $20 billion. If we have Indian GDP growth of around 6-7%, you are looking at a GDP of $800 billion. Then if you include IT-enabled services, you are looking at $85 billion of knowledge-economy contribution, and that's about 10%. That is not bad. It will also be about 40% of total exports.

Can Indian tech companies move up the value chain and produce much...

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