Business Daily from THE HINDU group of publications Wednesday, Mar 07, 2007 ePaper |
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Info-Tech
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Piracy Industry & Economy - Economic Offences Pirated software worth $2.1 m seized in India last year Our Bureau
Pirated software seized from raids in Delhi, Mumbai, Chennai, Kolkata, Ahmedabad, Bangalore and Hyderabad included those from Adobe, Autodesk, McAfee, Microsoft and Symantec. The body, which represents IT hardware and software firms, and its member companies announced in a release that they have plans to step up enforcement actions in the current year in an effort to bring down the piracy rate. As per the findings of the BSA-IDC study of 2005, the rate of PC software piracy in 2005 was 72 per cent. According the statistics, the Indian software industry posted revenue loss of $566 million in 2005. According to an economic impact study conducted by IDC, if the piracy rate is reduced by 10 points by 2009, India could benefit with an additional 115,000 new IT jobs, an additional $5.9 billion pumped into its economy and increased tax revenues of $386 million. "In over 200 actions conducted by the body and member companies in 2006, we had found widespread use and sale of pirated software across Indian cities. It is important to highlight efforts of the industry in combating piracy through enforcement," said Mr Jeffrey J. Hardee, Vice-President and Regional Director (Asia-Pacific).
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