India's IT industry not as successful as it seems?

Athar Osama at SciDev.net:

Since India, Ireland, and Israel emerged as 'software super-powers' in the mid-to-late 1990s, many developing countries have joined the race for economic development led by information technology (IT).

Information and communications technology can level the playing field between advanced and under-developed countries in terms of access to information and knowledge. But it cannot be a panacea for the developing world's quest for economic growth and prosperity.

Many countries have tried to replicate India's success by developing IT-led economic development strategies, designed to "propel their economies into the twenty-first century". Serious effort and precious resources have been spent on these endeavours.

But new evidence suggests that this might not be a viable way forward.

More here.