write short note on IT ites industry
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Information Technology Enabled Services
The full form of ITES is Information Technology Enabled Services. The other names of ITES are remote services or web-enabled services. ITES includes a wide range of approaches and processes that use IT to enhance and increase an organization's efficiency.
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Over the past decade, the Information Technology (IT) industry has become one of the fastest growing industries in India because of which it has caught world attention. Indian IT-ITES industry grew at a rate of 33 % in FY2008. India is now being identified as powerhouse for incremental development of computer software. It has grown from USD 4 billion industry to USD 58.8 billion industry in FY2008-09 employing over 2 million people.
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