New Delhi, Feb 27 (IANS) The information technology (IT) and IT-enabled services (ITeS) sector, including Business Process Management (BPM), continued to be one of the largest employers in the country, directly employing nearly 35 lakh people, the Economic Survey revealed here Friday.
"The year witnessed hyper-growth in the technology start-up and software product landscape, India ranking as the fourth largest start-up hub in the world with over 3,100 start-ups in the country. Software products and services revenues for 2015-16 is projected to grow at 12-14 percent," the survey that was tabled by Finance Minister Arun Jaitley said.
The IT and ITeS make up the single largest contributor to India's services exports.
Recognizing the need for greater penetration of IT Services domestically, the survey mentioned that the government's 'Make in India' mission has included IT and BPM among the 25 focus sectors.
The IT industry body NASSCOM estimated the revenue of the IT-BPM industry at $119 billion that grew by 12 percent in 2014-15 with export market alone making up almost $100 billion.
Shoaib Akhtar has already made this prediction regarding the India-Pakistan T20 World Cup match
Former Pakistan fast bowler Shoaib Akhtar has already predicted India vs Pakistan T20 World Cup m
Nothing phone (1): This transparent phone was launched in India, know the price and specifications
Nothing phone (1) Launched In India: After a long wait, the company launched Nothing phone (1) in
Not a single Muslim among 101 accused arrested: Home Minister Anil Deshmukh on Palghar lynching case
Over a hundred people have been arrested in connection with the brutal killing of two sadhus and
The atmosphere remained peaceful at the Shambhu border on Sunday. However, there was a lot of cro
For the new President of the Congress party, once again the discussion of the name Rahul Gandhi h
Washington. So far, 4 lakh 18 thousand 872 people have died due to coronavirus in the world. The
University education for girls has been completely banned in Afghanistan. A day later, Higher Edu
Checks to ensure tobacco ban in capital
New Delhi, March 30 (IANS) Health teams would fan out in the national capital to conduct surpri
Sri Lanka Crisis: The crisis continues in Sri Lanka. Emergency has been imposed in the entire cou
Bounce in India's economy but the path ahead
On one hand, the speed of the Corona epidemic has decreased, on the other hand, the pace of devel