This study will attempt to use a multi disciplinary approach to study the market for software products. The product life cycles for different kinds of software products will be studied and Indian products will be evaluated in this light. Also given the fact that there is considerable apprehension regarding the effect of a global order on information technology, this study proposes to establish that signing the IT agreement will be beneficial to the IT industry especially in India. The importance of investment flows also cannot be ignored. For software development is not only labour intensive, it is also capital intensive. Therefore there is need for freer flows of investment across borders especially in the Information and Communication Technology arena. This study also proposes to take a close look at investment flows and the effect of the TRIMS agreement and the multilateral investment agreement. Another important factor is the issue of labour mobility. With most countries clamping down on immigration laws and naturalization agreements, it is important to study the effect of these laws on labour mobility, as this becomes crucial in software development.