Saturday 8 October 2011

RAISE OF IT IN INDIA


The Indian Information Technology industry accounts for a 5.19% of the country's GDP and export earnings as of 2009, while providing employment to a significant number of its tertiary sector workforce. However, only 2.5 million people are employed in the sector either directly or indirectly. In 2010-11, annual revenues from IT-BPO sector is estimated to have grown over US$54.33 billion compared to China with $35.76 billion and Philippines with $8.85 billion.India's outsourcing industry is expected to increase to US$225 billion by 2020. The most prominent IT hub is Bangalore. The other emerging destinations are ChennaiHyderabadCoimbatoreKolkataKochiPuneMumbai,Ahmedabad , NCR . Technically proficient immigrants from India sought jobs in the western world from the 1950s onwards as India's education system produced more engineers than its industry could absorb. India's growing stature in the Information Age enabled it to form close ties with both the United States of America and the European Union. However, the recent global financial crises has deeply impacted the Indian IT companies as well as global companies. As a result hiring has dropped sharply, and employees are looking at different sectors like the financial service, telecommunications, and manufacturing industries, which have been growing phenomenally over the last few years.
India's IT Services industry was born in Mumbai in 1967 with the establishment of Tata Group in partnership with Burroughs. The first software export zone SEEPZ was set up here way back in 1973, the old avatar of the modern day IT park. More than 80 percent of the country's software exports happened out of SEEPZMumbai in 80s.
Each year India produces roughly 500,000 engineers in the country,out of them only 25% to 30%possessed both technical competency and English language skills, although 12% of India's population can speak in English.. India developed a number of outsourcing companies specializing in customer support via Internet or telephone connections. By 2009, India also has a total of 37,160,000telephone lines in use, a total of 506,040,000 mobile phone connections,a total of 81,000,000 Internet users—comprising 7.0% of the country's population, and 7,570,000 people in the country have access to broadband Internet— making it the 12th largest country in the world in terms of broadband Internet users.Total fixed-line and wireless subscribers reached 543.20 million as of November, 2009.

Top 10 IT Hubs in India

RankingCityDescription
1BangalorePopularly known as the capital of the Silicon Valley of India is currently leading in Information Technology Industries in India.
2ChennaiIt is the Second largest exporter of Software next to Bangalore. It has the largest operations for Indias top software company TCSInfosys ( has worlds largest development center with 25,000 employers in Mahindra world city at Maraimalainagar, and many centers in IT corridor), and other software companies like Wipro, CTS, Patni, L&T infotech and many companies have major operations in IT corridor,Ambattur and other places in Chennai
3HyderabadHyderabad called as Cyberabad, which has good infrastructure and good government support is also a good technology base in India.The Government of AP Has built a separate township for IT Industry called the HITEC City
4PunePune, a major industrial point in India.
5NCRThe National Capital Region of India comprising DelhiNoidaGreater Noida , GhaziabadGurgaon,Faridabad and Lucknow are having ambitious projects and are trying to do every possible thing for this purpose.
6MumbaiPopularly known as the commercial, entertainment, financial capital ofIndia, This is one city that has seen tremendous growth in IT and BPO industry, it recorded 63% growth in 2008.TCSPatniLnT Infotech,I-Flex WNS and other companies are headquartered here.
7KolkataKolkata is a major IT hub in eastern India. All major IT companies are present here. The city has tremendous potential for growth in this sector with upcoming areas like Rajarhat.
8TrivandrumTrivandrum, the capital of kerala is a green metropolis and tier I city. GOK provides a good platform for IT devolopment in the city with India's largest IT park Technopark and dedicated Technocity SEZs.
9BhubaneswarBhubaneshwar largest city of Orissa exports more than 1500 crores.
10JaipurThis rapidly growing industrial hub houses a lot of IT/ITES and BPO giants. Genpact, Connexions IT services, Deutsche Bank and EXL BPO, Infosyss, Tech Mahindra, and Wipro are here. There are plans to build the largest IT SEZ in India by Mahindra under the Mahindra World City.

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