Software Revolution N. Vittal's Software Technology Program, along with the economic reforms of 1991, laid the foundation for this industry's spectacular progress. India's information technology exports grew from a mere $150 million in 1991-92 to $31.4 billion in 2006-07, and is projected to reach $60 billion by 2010. The Indian IT industry is unique for several reasons. It focused on exports; benchmarked with the best global companies; followed the finest principles of corporate governance; created the largest number of jobs in the organized sector; and demonstrated that Indians, too, could succeed in the most competitive global markets.