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
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.
