Abstract

The last decade has witnessed the emergence of China and India as the two most significant economies in the global competitive landscape. The prominence of China and India is due not only to rapidly growing local markets but also a phenomenally increasing concentration of economic and innovative activities that is taking place in these two countries. Particularly in the context of the global software industry India has acquired the repute of a leading 'software nation,' whereas China is fast gaining ground and emerging as a serious player. Various economic indicators, including the flow of FDI, testify the significance of India and China in the global software industry landscape.