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The article discusses about the development of information technology (IT) in India. The industry has nearly quadrupled in the past six years, exceeding sales of $1 billion in 1991-1992. In a year marked by global recession, Indian IT sales grew by nearly 24% over 1990-1991. Western computer and business publications have begun to draw attention to India's potential for developing software and providing on-site software services. International computer companies including Hewlett Packard, DEC and IBM have begun staking out positions in the Indian industry. Since 1991, the new government under Prime Minister P.V. Narasimha Rao and Finance Minister Manmohan Singh has placed even greater emphasis on the growth of private sectors. Domestic IT companies can forge joint ventures with foreign corporations who are not allowed to acquire majority ownership. The domestic hardware and software industries continue to receive protection, often to the detriment of the Indian consumer. The Department of Electronics (DOE) is the primary agency over seeing government IT policy formulation and implementation.