IT Industry and India

The might of IT Industry in India

India is one of the epicenters for Information technology in the World.Indian Economy has been fueled by the recent advances in this field and IT sector forms a significant portion of Indian economy.Read the facts below to truly understand the importance of IT sector in Indian economy.

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1.In 2012 the IT sector alone generated revenues of $100 billion.

2.IT sector makes up approximately 8% of India's GDP.

3.Bangalore is considered to be the silicon valley of India as it is the leading IT exporter.

4.Significant gains in this sector can propel this industry to $200 billion in coming five years.

5.IT sector in India employs about 2.8 million people directly and 8.9 million people indirectly.

6.India has the second largest number of telephone subscribers in the world accounting for 12% of the 

worlds total.

7.IT sector in India is the women's 4th largest employer.

8. Infosys is the 4th largest company in India by revenues and is based in Bangalore.