Over the past decade, the

Information Technology (IT)

industry has become one of
the fastest growing industries

in India because of which it

has caught world attention.
Indian IT industry grew at a
rate of 33 % in FY2008. India
is now being identified as
powerhouse for incremental
development of computer
software.
It has grown from USD 4
billion industry to USD 58.8
billion industry in FY2008-09
employing over 2 million
people.
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IT-BPO Industry has become
growth engine for the
economy contributing
substantially to increases in
GDP,
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urban employment and

exports to achieve vision of
'young and resilient India'.
Although domestic market is
growing in India but still the
major propellers of growth are
exports.IT industry is very
important for any human
civilisation in our world the
Most contribution of IT
industry here is the pie chart ,

Sales
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

9%

10%

23% 59%

The key segments that have

contributed significantly to
industry's exports include-
Software and services (IT
services) and

IT enabled services. In the

face of current recession
though the mood is that of
cautious optimism but
Industry is expected to
witness sustainable growth
over period of two years. But
at the same time while
industry has significant
headroom for growth ,as the
competition is increasing with
China emerging as major
threat
,all the stakeholders of Indian
IT industry must give
concentrated efforts to
ensure that India realizes its
potential and maintains its
leadership position in future
also.