The Evolution and Growth of IT Sector in India

Abstract: The paper explains the rise and growth of India’s IT industry. In general, information technology covers all aspects of managing and processing information. The last decade of 20th century has witnessed information technology to have revolutionary effect on the lives of people. In the last two decades there is 20 times increase in export revenues for the IT industry, employing over two million people. Today the whole IT industry is playing a major role in the growth of Indian economy. The paper shows how to analyse the growth and performance of information technology industry in India. Various aspects of information technology industry like composition, revenue, exports, wealth creation, size and share, localization etc. are studied.

Keywords: India, Information technology, services, Indian economy.