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    It Sector: BY Harmeet Sehgal

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    Monisha Malhotra
    The IT sector in India is one of the fastest growing industries and plays a major role in strengthening India's economy and technical capabilities. It comprises the software industry and IT-enabled services like business process outsourcing. Key factors in its success include skilled professionals, low costs, and academic infrastructure. The IT sector contributes over 7.5% to India's GDP and exports account for 35% of India's total exports, with the sector expected to attract further foreign investment and jobs. Government initiatives to support the sector include tax holidays and infrastructure development.

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    It Sector: BY Harmeet Sehgal

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    Monisha Malhotra
    34 views9 pages
    The IT sector in India is one of the fastest growing industries and plays a major role in strengthening India's economy and technical capabilities. It comprises the software industry and IT-enabled services like business process outsourcing. Key factors in its success include skilled professionals, low costs, and academic infrastructure. The IT sector contributes over 7.5% to India's GDP and exports account for 35% of India's total exports, with the sector expected to attract further foreign investment and jobs. Government initiatives to support the sector include tax holidays and infrastructure development.

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    The IT sector in India is one of the fastest growing industries and plays a major role in strengthening India's economy and technical capabilities. It comprises the software industry and IT-enabled services like business process outsourcing. Key factors in its success include skilled professionals, low costs, and academic infrastructure. The IT sector contributes over 7.5% to India's GDP and exports account for 35% of India's total exports, with the sector expected to attract further foreign investment and jobs. Government initiatives to support the sector include tax holidays and infrastructure development.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    34 views9 pages

    It Sector: BY Harmeet Sehgal

    Uploaded by

    Monisha Malhotra
    The IT sector in India is one of the fastest growing industries and plays a major role in strengthening India's economy and technical capabilities. It comprises the software industry and IT-enabled services like business process outsourcing. Key factors in its success include skilled professionals, low costs, and academic infrastructure. The IT sector contributes over 7.5% to India's GDP and exports account for 35% of India's total exports, with the sector expected to attract further foreign investment and jobs. Government initiatives to support the sector include tax holidays and infrastructure development.

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    of 9

    IT SECTOR

    BY
    HARMEET SEHGAL
    Introduction
     Information Technology (IT) industry in India is one of the fastest
    growing industries

     IT has a major role in strengthening the economic and


    technical foundations of India

     The computer systems design and related services industry is among


    the economy's largest

     IT industry in India comprises of software industry and information


    technology enabled services (ITES), which also includes business
    process outsourcing (BPO) industry

     Fastest sources of employment growth


    The Indian IT Industry
     The industry was begun by Bombay-based conglomerates which
    entered the business by supplying programmers to global IT firms
    located overseas.

     India is considered as a pioneer in software development and a


    favorite destination for IT-enabled services. 

     The Information Technology (IT) sector in India holds the distinction


    of advancing
    the country into the new-age economy

     The sector can be classified into 4 broad categories - IT Services,


    Engineering, Services, ITES-BPO Services, E Business
    CONT…
     Software & Services contribute over 7.5 % of the overall GDP
    growth of India

     IT Exports are accounting for 35% of the total exports from India

     Potential for 2.2 million jobs in IT in 2008

     IT industry is attracting Foreign Direct Investment (FDI) of U.S. $ 4-


    5 billion

     Market capitalization of IT shares is around U.S. $ 225 billion


    IT: Success  Factors
     Increasing number of skilled professionals in IT.

     The demographic factor.

     The vast academic infrastructure of India.

     Competitive cost
    Findings
      The Indian software and services exports has reached US$ 49.7 billion in 2009-10 as
    compared to US$ 47.1 billion in 2008-09, registering an increase of 5.5 per cent in
    dollar terms

     The IT services exports have grown from US$ 25.8 billion in 2008-09 to US$ 27.3
    billion in 2009-10, showing a growth of 5.8 per cent

     The Indian information technology (IT) market is expected to grow at around 15.5 per
    cent in 2010, on the back of growing investor confidence and favourable initiatives
    taken by the government.

     The data centre services market in the country is forecast to grow at a compound
    annual growth rate (CAGR) of 22.7 per cent between 2009 and 2011

      The Indian IT-BPO revenues may reach US$ 225 billion in 2020.
    Cont…
     Indian IT-BPO sector grew by 12 per cent in FY 2009 to reach US$ 71.7
    billion in aggregate revenue (including hardware). Of this, the software and
    services segment accounted for US$ 59.6 billion.

     IT-BPO exports (including hardware exports) grew by 16 per cent from US$
    40.9 billion in FY 2007-08 to US$ 47.3 billion in FY 2008-09

     Domestic IT market (including hardware) reached US$ 24.3 billion in FY 2008-


    09 as against US$ 23.1 billion in FY 2007-08, a growth of 5.3 per cent

     India Inc's demand for IT services and products has bolstered growth in the
    domestic sector with deal sizes going up remarkably and contracts worth US$
    50 million-US$ 100 million up 
    Government Initiatives
     The Govt. has provided incentives including tax holiday up
    to 2010 and
    competitive duty structures.

     The Govt. is trying to reduce the international


    communication cost.

     It is providing infrastructure support through organizations


    such as software
    technology parks.
    THANK YOU

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