What
are the different
different components
of IT industry Explain its
Significance in
in development a
country?
Answers
Answer:
Information Technology in India is an industry consisting of two major components: IT services and business process outsourcing (BPO).[1] The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.7% in 2017.[2] According to NASSCOM, the sector aggregated revenues of US$180 billion in 2019,[3][4] with export revenue standing at US$99 billion and domestic revenue at US$48 billion, growing by over 13%. As of 2020, India's IT workforce accounts for 4.36 million employees.[5][6] The United States accounts for two-thirds of India's IT services exports.[7]
Explanation:
Information teconology in india is an industry consisting of two major components : I.T services and business process outsourcing ( BPO) .
[1] the sector has increased its contribution to india's GDP from 1.2℅ in 1998 to 77℅ in 2017 .
[2] According to NASSCOM , the sector aggregated revenues of US$180 billion in 2019 , [3] [4] with export revenue standing at US$99 billion and domestic revenue at US$48 billion , growing by over 13℅ . As of 2020 , india's I.T Workforce accounts for 4.36 million employees .
[5] [6] The United States accounts for two - thirds of India's I.T Services exports . [ 7 ]