IT & ITES Sector

India is the fastest growing economy Information Technology and IT-enabled sector sourcing destination globally.IT sector contributes 55% market share approximately (the US $185-190 Billion) to Worldwide Services Sourcing Business in 2017-18, India is continuing to develop at a faster rate as compared to inclusive IT-BPM Industry of the world.

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Indian IT exports have raised to US$ 126 Billion in FY18, and domestic revenues detailed at US$ 41. By 2025, Indian IT and ITES Sector is projected to grow to US$ 350 billion, in which (BPM) Business Processing Management is expected to add US$ 50-55 Billion in total revenues.

Availability of highly competent talent pool at lower rates assists in reducing the cost of about 60-70 % to countries. This large pool of experienced skilled workforce has empowered Indian IT companies to assists clients save US$ 200 billion in the last 5 years.

Due to the huge rate of contribution of IT Services in the growth of Indian Economy, Government has acknowledged IT and ITes Services as a significant Champion Service for development and promotion.