Growth Of Information Technology And Communication In India

Brieza

10 Jul, 2019

The software has emerged as the major industry in the field of electronics. Spending on information technology in india is expected to grow over 9 per cent to reach us 871 billion in 2018.

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Indias it ites industry grew to us 181 billion in 2018 19.

Growth of information technology and communication in india. Growth of information technology it industry in india. Growth and performance of information technology industry in india. Exports from the industry increased to us 137 billion in fy19 while domestic revenues including hardware advanced to us 44 billion.

Two main components of information technology it are software and hardware. As a proportion of gross domestic product the information technology industry revenue has grown from 12 percent in 1998 to an estimated 55 percent in 2008. It services and business process outsourcing bpo.

The growth in communication industry is triggered by an increase in the revenues generated from both landline and mobile facilities. To keep it systems running a large workforce is needed to. This industry made a modest beginning in the 1970s and by mid 1980s the forecasters analysts and policy planners.

According to nasscom the sector aggregated revenues of us 160 billion in 2017 with export revenue. The sector has increased its contribution to indias gdp from 12 in 1998 to 77 in 2017. It enables seamless integration and communication between businesses anywhere in the world.

Information technology in india is an industry consisting of two major components. The information technology industry has emerged as one of the fastest growing industries in india. Computers and information technology it touch nearly every aspect of modern life.

Read this article to learn about the growth communication industry in india. Information technology in india accounts for a substantial part of the countrys gdp and export earnings while providing employment to a significant number of its associated sectors workforce. Information technology in india communication in india information technology in india is a key driver of the economic growth in the nation.

The communication industry in india is one of the rapidly emerging sectors in india. The impact of ict on economic growth is analyzed via two main channels. This paper examines the sources of economic growth in indian economy since the 1980s with particular focus on the role of information and communication technology ict.

Information technology can help with such diverse tasks as driving motor vehicles and diagnosing diseases.

Oecd Information Technology Outlook 2010 En Oecd