Question

Write a short note on the IT industry in India. What are its future prospects?
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Answer 1

Answer:

With a 6.1% growth in the year 2019, India's IT-BPM sector stood at $177 Billion and approximating growth at this rate, the industry will develop to $ 350 Billion by the year 2025. Speaking of IT and ITES Industry; it grew to $ 181 Billion in the financial year of 2019 as domestic revenue advanced to $ 44 Billion.

Explanation:

Answer 2

Answer:

Information Technology in India is an industry consisting of two major components: IT services and business process outsourcing (BPO). The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.7% in 2017. ... The United States accounts for two-thirds of India's IT services exports.

Explanation:

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