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The Socio-Political Effects Of Globalization On The IT Industry




Yoga Sundara Praneeth Veturi, LLM (IPR), Jindal Global Law School, O.P Jindal Global University

ABSTRACT

This research looks at the enormous changes that have occurred in the IT sector because of state policy liberalization and subsequent globalization. Import substitution has helped indigenous IT firms to improve their technical skills over time, but globalization poses a threat to their very survival by jeopardizing their technological capabilities, which have been painstakingly created because of import substitution. Even if Indian IT businesses appear to be adjusting to the changing environment, a renewed focus on local application development for the domestic market, as well as a drive for IT diffusion rather than just production, would be essential to ensure the industry's sustainability. The 1990s' economic and policy climate, advises against blanket solutions but stresses the importance of having regulatory mechanisms in place to secure maximum value from information technology while also keeping up with the industry's rapid technological shifts. Keywords: Globalization, Information Technology, Social effects, Law, effects.

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Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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