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Yogita Ingle 6 years, 9 months ago
Information Technology industry or IT as it is popularly known specialise in Research and Development (R&D), manufacture of electronics and production of hardware and software. A major impact of this industry in India has been on employment generation. Upto 31st March 2005, the IT industry employed over one million persons. This number was expected to increase eight fold in the following 3 to 4 years. This means that by 2008-2009 the IT industry was expected to provide employment to nearly 8 million people. The industry has also provided employment opportunity to women, and about 30 percent of the people employed in this sector are women.
The IT industry has been a major foreign exchange earner in the last few years because of its fast growing Business Processes Outsourcing (BPO) sector.
The continuing growth in hardware and software is the key to the success of IT industry in India.The IT industry has provided India a special position in the industrial world.
Software technology parks provide single window service and high data communication facility to software exports. There are 18 software technology parks in India. They are located at Srinagar, Mohali, Noida, Jaipur, Gandhinagar, Indore, Mumbai, Pune, Kolkata,Bhubaneswar, Guwahati, Bengaluru, Hyderabad, Mysore, Chennai, Thiruvananthapuram and Vishakhapatnam.
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