The distribution of US $ 87 billion has been worked out as:
Other vital observations of the NASSCOM-McKinsey report about Indian IT industry are:
- Of the total Indian exports, IT will constitute 35%
- FDI (foreign direct investment) of almost US $ 5 billion will be attracted by the IT industry
- Software and services will account for 7.5 % of GDP growth
- IT shares capitalization value will be almost US $ 225 billion
- IT sector will create 2.2 million jobs within 2008.
IT hardware industry in India
HCL Infosystems Ltd, Wipro Ltd., Zenith Computers, PCS Industries Ltd., Acer, TVS Electronics, D-link Industries, Microtek Devices are some of the renowned Indian computer hardware and peripheral device manufacturers in India. IBM, Hewlett Packard, Dell, Epson, Canon are multinational corporations in computer hardware and peripherals operating in India.IT Software Industry in India
IT software industry has witnessed phenomenal growth in the last decade. During the decade 1990-2000 the software industry in India grew from US $ 150 million to US $ 5.7 billion. Satyam, Infosys, Wipro and TCS are some of the leading Indian software IT companies.Other IT Industries in India
Other IT industries in India include organizations engaged in ITES (information technology enabled services), and e-businesses. BPOs, and Web page developers and writers are doing flourishing business in India. India is attracting huge FDIs (foreign direct investments) is these two segments.In brief, the IT industry in India is on the threshold of a brilliant take off in the near future.
