| 1970 The government announces a computer policy with the thrust on developing software for exports. Department of Electronics set up. |
| 1974 Tata Consultancy Services set up. |
| 1978 George Fernandes, industry minister, orders IBM to leave India under the Foreign Exchange Regulation Act |
| 1984 Rajiv Gandhi becomes Prime Minister. He puts the country on the path of excellence in computers and technology. |
| 1988 Software Technology Park of India scheme launched. National Association of Software and Service Companies formed with 38 members.Today, it has more than 1,100. |
| 1992 IBM returns to India. |
| 1993 Infosys floats its IPO at Rs 95 a share and raises Rs 13.1 crore. Trading opens at Rs 145 a share and thus begins the Murthy model of wealth distribution. |
| 1995 The dawn of the Internet era with Videsh Sanchar Nigam introducing a cumbersome email ID and charging Rs 15,000 for its commercial use. Internet use is still file transfer protocol or FTP based. Commercial Internet services will take a while to be popular. |
| 1995-2000 Golden period for Indian IT. All the big ones "" TCS, Wipro, Infosys "" grow rapidly in this period. |
| 2002 Dotcom bubble bursts. The new boom, in business process outsourcing, begins to unfold. |
| 2007 The IT industry accounts for 5.4 per cent of India's GDP. |
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