What is the importance of the Information Technology Sector in the Indian Economy?
Solution,
Importance of the Information Technology Sector in the Indian Economy,
Importance of the Information Technology Sector in the Indian Economy,
- Information technology is an emerging industry.This industry today has become indispensable part of the Global world that keeps us connected.
- They provide high data communication facility to software experts.
- IT sector has generated employment on a large scale.It has provided employment to 2.8 million of people (2012 data)
- It has been a major source of employment for women.30 per cent of the people employed in this sector are women.
- IT sector has contributed in the inflow of foreign exchange because of BPO's.
- It has contributed in the overall growth and development of the country. Pune, Bangalore, Hyderabad have emerged as IT hubs.