IT & ITES

IT & ITES

Introduction

India is the world’s largest sourcing destination for the information technology (IT) industry, accounting for approximately 67 per cent of the US$ 124-130 billion market. The industry employs about 10 million workforce. More importantly, the industry has led the economic transformation of the country and altered the perception of India in the global economy. Read More on Introduction

Market Size

The Indian Information Technology (IT) sector is expected to grow 11 per cent per annum and triple its current annual revenue to reach US$ 350 billion by FY 2025, as per National Association of Software and Services Companies (NASSCOM).Read More on Market Size

FDI Policy

Up to 100% Foreign Direct Investment (FDI) is permitted under the automatic route in data processing, software development and computer consultancy services, Read More on FDI Policy

Government Initiatives

Some of the major initiatives taken by the government to promote IT and ITeS sector in India are as follows:Read More on Government Initiatives

Road Ahead

India is the topmost offshoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of Read More on Road Ahead

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