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...Globally, this market is about $411 billion today. Fast-paced as it is, huge opportunities await Indian software products companies—approximately 5,000 of them—if the government can take appropriate steps now and usher in much-needed change. While the recent Draft National Policy on Software Products is noteworthy, here are a few suggestions which could yield better results. Ease of doing business is essential. Numerous regulatory compliances can lead to unintended oversights. A single repository of all applicable laws, compliances and their associated processes would serve better. A support framework for product development is required, as products upgrade or even relaunch for long-term sustainability. For undergoing testing and evaluation, investments in test beds is critical. ...Live Mint on Dec. 23, 2016, 3:10 a.m.