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Question : Which factor contributed to the growth of the Indian software industry during globalization?

 

Option 1: Protectionist trade policies

Option 2: Skilled English-speaking workforce

Option 3: Limited access to international markets

Option 4: Lack of technological infrastructure


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Skilled English-speaking workforce


Solution : The correct answer is (b) Skilled English-speaking workforce

One of the key factors that contributed to the growth of the Indian software industry during globalization was the availability of a skilled English-speaking workforce. India has a large pool of highly educated and technically skilled professionals proficient in English, which became a significant advantage for the software industry.

The combination of technical skills and English language proficiency created a competitive advantage for the Indian software industry. It allowed Indian companies to offer cost-effective and high-quality services to global clients, leading to the growth and success of the industry.

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