Published Paper Details:

We are in the age of LPG!!! Yes, it’s the era of liberlisation, privatization and globalization. Ever since 1991, when the then finance minister Dr. Manmohan Singh announced the new economic policy (termed as LPG), the industrial scenario is seeing revolutionary changes. The giants of the Indian industry who are practically monopolies with no competitions at all are now facing stiff competitions at all are now facing stiff competition due to the entry of the MNCs into the Indian market. This is one of the biggest things that have happened to the Indian customers who otherwise were compelled to be satisfied with the substandard products in spite of playing heavy prices. Today the scenario has completely changed where the Indian customer has so much of choice, both in quality and price as well. This has certainly awakened the so-called Indian industries, which were having a pretty long sleep. Now they must have released that, if they must have released that, if they don’t perform they can’t survive. All this led to stiff competition and the industries, which have kept the pace, are now growing at a rapid pace. “Shape in or ship out”-seems to be the slogan of the time. So, this vast competition has led the very fast growth of most of the industries. The scenario is changing very fast and no company of any industry would like to fall behind in this “race” to be the leader. The Information Technology (IT) is no exception