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Software piracy drops by one percent in India

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The Business Software Alliance (BSA) recorded that India has recorded a one percent drop in software piracy last, which was lower than the rates achieved by China at four percent and Russia at three percent.

BSA released the the fourth annual Global PC Software Piracy Study, under which if India can reduce the piracy rate by 10 percent by 2009, the country will be able to add 115,000 new jobs in the IT industry. It is expected that an additional investment of $5.9 billion into the economy will increase in tax revenues to reach $386 million. The study has revealed that 35 percent of the software installed in 2006 on PCs worldwide was obtained illegally, amounting to nearly $40 billion in global losses due to piracy.

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