Future of Information Technology in India Information Technology is the industry that has given a face to India on global level. Today, the country has developed great relationship with various other western countries on the basis of its remarkable IT services. It is certainly a fact of pride that India is known for outsourcing IT services and software to more than 95 countries in the world. With the power of information technology, the country has not only remarkably gained in its reputation and recognition in the world but also has improved its overall economy. Naturally, this promises a long and prosperous future of Information technology in India. #Statistically viewing the economic growth In India, information technology has played an incredible role. It has brilliantly driven and still pushing the country’s economy onto the rapid growth curve. Many researches and studies on the Indian economy have again and again proved its significance impact. One of such truly eye-opening researches, Nasscom-Deloitte study stated that the IT industry’s contribution to the nation’s GDP has augmented to a share of 5.2 per cent in 2007, as compared to 1.2 per cent in1998. By the end of fiscal year 2008, statistically, it is the massive industry of information technology IT that along with BPO industries have generated revenues worth US$ 64 billion. The growth was exponentially more in value as compared to export market and domestic market. However, out of all the most surprising fact is that the IT services market in India is estimated to stay the fastest developing in the entire Asia Pacific region with a stunning CAGR of 18.6 per cent. Hence, it is easy to believe that the future of Information technology in India is going to be quite rewarding. #The Future of information technology in India in terms of employment If one is naming countries that have IT as one their most important employment sectors, then you cannot miss India.The IT industry in India has massive scope for natives as it offers jobs to both technical and non-technical graduates and also bears the potential to breed huge foreign exchange influx. Globally, India’s IT growth is mainly subjugated by IT software and services including system integration, bespoken application development and maintenance, application management, software testing , IT consulting, infrastructure management services, complete web solutions and services and service-oriented architecture. India specializes in all these competent and highly demanding IT services and solutions and delivers them at affordable prices. The high rate of IT outsourcing services ensures the spectacular future of information technology in India. By Ravi Kumar Soni
Posted on: Thu, 27 Jun 2013 07:03:50 +0000
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