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INDIA’S RANKING IN INFORMATION TECHNOLOGY

MADE BY :– SUVAM S.B AND RITVIK MISHRA

Information Technology of India IT hubs in India India’s GDP and IT Sector Growth of IT sector India’s export India's import Growth barriers of IT Sector India’s rank Top 10 IT Sectors countries IT future

AIMS

Information technology in India is an industry consisting of two major components: IT Services and business process outsourcing (BPO).

Information technology is playing an important role in India today & has transformed India's image from a slow moving bureaucratic economy to a land of innovative entrepreneurs.

Information Technology of India

RANK

CITIES DESCRIPTION

1. BANGLORE Popularly known as the Silicon Valley of India. Bangalore is considered to be a global information technology hub and largest software exports from India.

2. HYDERABAD  It has become the first destination for the  Microsoft development centre in India and largest software development centre outside of their headquarters in Redmond, Washington.

3. CHENNAI Almost all companies have their backup operations in Chennai. Cognizant, a major global IT service company has its Indian operations' head office in Chennai.

4. DELHI The National Capital Region comprising Delhi, Gurgaon and Noida are clusters of software development.

5. MUMBAI The Financial capital of India, but recently many IT companies have established offices.

IT HUBS IN INDIA

The contribution of IT sector to India’s GDP rose from about 2% at the turn of the millennium to 4.8% at the end of fiscal year 2005-06 (April-March). 

 Exports are estimated to account for 31.3 billion USD out of 39.7 billion USD turn-over in fiscal year 2006-07 [NASSCOM, 2007] in software sector.

  contd.

GROWTH OF IT SECTOR

Exports are estimated to account for 31.3 billion USD out of 39.7 billion USD turn-over in fiscal year 2006-07 [NASSCOM, 2007].

According to a study ,India, which currently holds a share of 12% in offshore engineering services, is expected to corner 30% share in the 1.1 trillion USD global spending on engineering services by 2020

contd.

Since liberalization, the value of India's international trade has increased sharply,[199]

 with the contribution of total trade in goods and services to the GDP rising from 16% in 1990–91 to 47% in 2008–10.India accounts for 1.44% of exports  for merchandise trade and 3.34% of exports  for commercial services trade worldwide

INDIA’S EXPORTS

India accounts for 2.12% of imports for merchandise trade and 3.31% of imports for commercial services trade worldwide.

India's major trading partners are the European Union, China, the United States of America and the United Arab Emirates which help India’s in increasing its GDP.

INDIA’S IMPORTS

Challenges of India operations in knowledge-intensive sectors. In a global world with mutually interdependent economies it will work to mutual, even multilateral, advantage. To reveal certain “barriers to innovation” which may be overcome by forging close cooperation with international partners from the industry and academia, or setting up own global R&D facilities. The study was conducted by TIM/TUHH.

GROWTH BARRIERS OF IT SECTOR

GDP growth rate

5/215 10.365% growth rate

2010

GDP (PPP) 3/181 2011

IT Industry Competitiveness Index

2/66 BSA Global Index

2011

RANK

CHINA 10.9 %

INDIA 9 %

RUSSIA 5.4 %

BRAZIL 3.6 %

UNITED STATES 2.1 %

UNITED KINGDOM 2.1%

FRANCE 1.4 %

GERMANY 1.2 %

JAPAN 0.6 %

ITALY 0.4 %

TOP 10 IT SECTORS OF WORLD

India has the second fastest growing services sector with its compound annual growth rate at nine per cent, just below China’s 10.9 per cent, during the last 11-year period from 2001 to 2012, the Economic SURVEY FOR 2013-14 said. Russia at 5.4 per cent is a distant third.

Among the world's top 15 countries in terms of GDP, India ranked 5th in terms of overall GDP and 9th in terms of services GDP in 2012, it said, adding that services share in world GDP was 65.9 per cent but its share in employment was only 44 per cent in 2011.

Looking at the global scenario there are endless predictions, about how the global IT industry is going to be revolutionized by 2015.

Gartner has a series of predictions like information-smart businesses will increase recognized IT spending per head by 60 percent, tools and automation will eliminate 25 percent of labour hours associated with IT services and 80 percent of businesses will support a workforce using tablets.

These predictions showcase the trends and disruptive events that will reshape and decide the nature of business by 2015.

IT FUTURE

Fast moving consumer goods will become a Rs 400,000-crore industry by 2020. A Booz & Company study finds out the trends that will shape its future.

It is growing at 35 per cent a year.

It increased to 46 per cent last year, way up from 16 per cent in 2012.