Share of IT In Indian Economy


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Share of IT

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Share of IT In Indian Economy

  1. 1. Information Technology in India The sector has increased its contribution to India's GDP from 1.2% in FY1998 to 7.5% in FY2012
  2. 2. The Information technology industry in India has gained a brand identity as a Knowledge Economy due to its IT sector. The IT industry has two major components: IT Services BPO Business Process Outsourcing
  3. 3. Contributing Substantially to Increase in GDP, Employment, and Exports.
  4. 4. The major cities that account for about nearly 90% of this sectors exports are Bangalore, Chennai, Hyderabad, Delhi, Mumbai and Kolkata. Bangalore is considered to be the Silicon Valley of India because it is the leading IT exporter.
  5. 5. The industry’s share of total Indian exports (merchandise plus services) increased from less than 4% in FY1998 to about 25% in FY2012.
  6. 6. This sector has also led to massive employment generation. The industry continues to be a net employment generator - expected to add 230,000 jobs in FY2012, thus providing direct employment to about 2.8 million, and indirectly employing 8.9 million people Employments
  7. 7. However, the sector continues to face challenges of competitiveness in the globalized and modern world, particularly from countries like China and Philippines.
  8. 8. Major IT Hubs
  9. 9. Rank City Description 1 Bangalore Popularly known as the Silicon Valley of India and leading software exporter from India. Bangalore is considered to be a global information technology hub of India. 2 Chennai Chennai is the second largest exporter of IT in India, and is the BPO hub of India. Chennai has the largest operations centers of TCS, and Cognizant. 3 Hyderabad Hyderabad is a major it hub in India which is also known as Cyberabad which consists of many Multinational corporation companies such as Google, Facebook, Microsoft, Amazon and Electronic Arts, etc. 4 Mumbai The Financial capital of India, but recently many IT companies have established offices. 5 Delhi The National Capital Region comprising Delhi, Gurgaon and Noida are clusters of software development 6 Pune Major Indian and International Firms present in Pune. Pune is also C-DAC Head-Quarter. 7 Kolkata The city is a major back-end operational hub for IBM, Texas Instruments, Intel, Deloitte, Sun microsystems (Oracle 8 Thiruvananthapuram The capital of Kerala, now houses all major IT companies including Oracle, TCS, Infosys, and contributes in IT export of India. 9 Bhubaneswar The capital city of Odisha, an emerging IT and education hub, is one of India's fastest developing cities. 10 Ahmedabad One of India Fastest Developing City in Field Information Technology
  10. 10. Function of Top Five Companies Business Transformation Services Customer Relationship Management Data and Development Enterprise Performance Management Finance Human Capital Management Project and Program Management Sales Solutions Supply Chain Support Technology Business Transformation Services Customer Relationship Management Data and Development Enterprise Performance Management Finance Human Capital Management Project and Program Management Sales Solutions Supply Chain Support Technology
  11. 11. Firm Revenues Employees Fiscal Year Headquarters TCS $10.17 billion 254,076 2012 Mumbai Cognizant Technology Solutions $7.05 billion 185,045 2012 Teaneck, New Jersey Infosys $6.69 billion 153,761 2012 Bangalore Wipro $5.73 billion 140,569 2012 Bangalore HCL Technologies $4.3 billion 85,335 2012 Noida
  12. 12. Founded in 1968, TCS is one of India's largest corporate houses. It is also India's largest IT employer with a staff strength of 111,000 employees. The company began as a division of the Tata Group, called the Tata Computer Centre. Its main business was to offer computer services to other group companies. Soon the company was spun off as Tata Consultancy Services after it realized the huge potential of the booming IT services.
  13. 13. Infosys is a global leader in consulting, technology and outsourcing solutions. As a proven partner focused on building tomorrow's enterprise, Infosys enables clients in more than 30 countries to outperform the competition and stay ahead of the innovation curve. With US$7.4bn in annual revenues and 155,000+ employees, Infosys provides enterprises with strategic insights on what lies ahead. We help enterprises transform and thrive in a changing world through strategic consulting, operational leadership and the co-creation of breakthrough solutions, including those in mobility, sustainability, big data and cloud computing.
  14. 14. Wipro InfoTech is a leading manufacturer of computer hardware and provider of IT services in India and the Middle East region. Part of Wipro Ltd, the $6.98 billion conglomerate and global leader in technology enabled solutions, the company leverages on the parent's philosophy of 'Applying Thought' to enable business results by being a transformation catalyst. Backed by our strong quality processes and rich experience managing global clients across various business verticals, we align IT strategies to your business goals. From simple changes in process to innovative solutions, we help our customers harness the power of IT to achieve profitable growth, market leadership, customer delight and sustainability. Along with our best of breed technology partners, Wipro Infotech also helps you with your hardware and IT
  15. 15. HCL is a leading global technology player with annual revenues of $4.9 billion. The HCL Enterprise comprises two companies listed in India, HCL Technologies and HCL Info systems. Founded in 1976, HCL is one of 'India's original IT garage start ups'. The HCL team comprises 53,000 professionals of diverse nationalities, operating across 18 countries. At a time when India had a total of 250 computers, Shiv Nadar led a young team which passionately believed in the growth of the IT industry.
  16. 16. IT exports including software, services and BPO reaches USD 50 billion. IT domestic revenue USD 24 billion. 55% of the global outsourcing market sourced from India. Indian IT companies present in 52 countries and have 400 of the Fortune 500 companies as clients. Direct employment 2.4 million in IT and 8.2 million in support services. 6.5% of GDP earned by IT industry. Rs.600 billion allocated over a 10 year period for the National Knowledge Network.
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