Over the past decade, information technology industry has become one of the fastest growing industries in India. Strong demand over the past few years has placed India amongst the fastest growing IT markets in the Asia- Pacific region. The Indian software industry has grown at a CAGR of 28 percent during the last five years. It is expected that the contribution of IT to national GDP will rise to 9 per cent by 2009-10 against 4.8 per cent in 2005-06.
India's record on information security ranks better than most locations. The authorities in India are maintaining a keen emphasis on further strengthening the information security environment in the country. Specific initiatives underway include enhancing the legal framework through proposed amendments to the IT Act 2000, increasing interaction between industry players and enforcement agencies to help create greater awareness about information security issues and facilitate mutual support.