IT Sector in india

2. INTRODUCTION
•The Indian information technology (IT) industry
has played a key role in putting India on the global
map.
• The Information Technology
(IT) Sector in India is amongst
the fastest growing in the
country and the world.

4. The strengths of the Indian IT sector:
Highly skilled human resource;
Low wage structure;
Quality of work;
Initiatives taken by the Government
English-speaking professionals;
Cost competitiveness;
Quality telecommunications infrastructure.

5. The weaknesses of the IT sector
Absence of practical knowledge
Dearth of suitable candidates
Less Research and Development;
Contribution of IT sector to India’s GDP is still
rather small
IT development concentrated in a few cities
only.

6. 1. Tata Consultancy Services
2. Wipro
3. Infosys

7. TATA CONSULTANCY SERVICES
(TCS)
Founded in 1968 by
Ratan Tata.
Staff Strength of 3,05,431 Employees
(As on Jun 2014)
Revenues US$ 13.44 billion in 2013-14.

8. WIPRO LTD
Founded in1947 by
Mr. Azim Premji
Staff Strength of 1,46,053
Employees (as on March 2014).
Revenue $ 7.03 Billion (2013-14).

9. INFOSYS TECH.
Founded in 1981 by
Narayan Murthy.
Staff Strength of 160,405
Employees (2014).
Revenues of $ 8.4 billion (as on 31st
March 2014)

10.  Tech Mahindra
 Patni Computers
 HCL
 Cisco

11. Growth in IT sector
 The Indian IT-BPO sector is estimated to reach
a target of US$ 60 billion in exports and US$ 73-
75 billion revenues in 2010.
 India's information and communication
technology market is estimated to grow 20.3 per
cent annually by 2011.
 The IT and ITeS exports are estimated to more
than double to US$ 78.62 billion by 2012

12. Hence, IT sector is attracting considerable
interest not only as a vast market but also as
potential production base by international
companies.
Also, it is one of the fastest growing
segments of the Indian industry both in terms
of production and exports.