Growth Of Information Technology Industry In India

Namita Karmakar*, S.K. Masud Hossain**, S. Paneerselvam***
* Principal, Muslim Association College of Engineering, Venjaramoodu, Trivadrum, India.
** Research Scholar, Department of Management Studies, St. Peter's University, Avadi, Chennai, India.
*** Professor, Department of Management Studies, St. Peter's University, Avadi, Chennai, India.
Periodicity:September - November'2014
DOI : https://doi.org/10.26634/jit.3.4.3089

Abstract

This paper presents the Growth of Information Technology (IT) Industry in India. The last decade of 20th century has witnessed IT to have revolutionary effect on the lives of people. During this period, Indian engineers and scientists have earned high degree of esteem around the world for their highly professional and innovative contributions. In general, IT covers all aspects of managing and processing information. IT industry has emerged as one of the fastest growing industries in India. As a proportion of Gross Domestic Product, the IT industry revenue has grown from 1.2 % in 1998 to an estimated 8.2 % in 2014. The software products market in India, which includes accounting software and cloud computing-based telephony services. Apart from wealth creation and large export earnings, Indian IT industry has also provided large scale employment to educated and skilled work-force.

Keywords

Employment, Foreign Market, GDP, growth, Information Technology

How to Cite this Article?

Hossain. S. M, Karmakar. N and Paneerselvam. S (2014). Growth of Information Technology Industry in India. i-manager’s Journal on Information Technology, 3(4), 1-8. https://doi.org/10.26634/jit.3.4.3089

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