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some briefing about it industry

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37 views

New Microsoft Word Document

some briefing about it industry

Uploaded by

Aman Singla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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The IT industry has emerged as one of the most important industries in the

Indian economy contributing significantly to the growth of the economy.


The IT industry of India got a major boost from the liberalization of the
Indian economy. India's software exports have grown at an annual average
rate of more than 50% since 1991. The structure of the IT industry is quite
different from other industries in the Indian economy. The IT industry of
India is hugely dependant on skilled manpower. Primarily a knowledge
based industry, the IT industry of India has reordered significant success
due to the huge availability of skilled personnel in India.
The industry structure in the IT sector has four major categories.
These are IT services
IT enabled services
Software products
Hardware
IT services

IT services constitute a major part of the IT industry of India. IT services


include client, server and web based services. Opportunities in the IT
services sector exist in the areas of consulting services, management
services, internet services and application maintenance. The major users of
IT services are Government
Banking
Financial services
Retail and distribution
Manufacturing

IT enabled services

The services which make extensive use of information and


telecommunication technologies are categorized as IT enabled services. The
IT enabled services is the most important contributor to the growth of the
IT industry of India. Some of the important services covered by the ITES
sector in India are Customer-interaction services including call-centers
Back-office services
Revenue accounting
Data entry and data conversion
HR services
Transcription and translation services
Content development and animation
Remote education,
Data search
GIS
Market research
Network consultancy
Software products

Software products are among the most highly exported products from
India. The software industry in India originated in the 1970s and grew at a
significant pace in the last ten years. Between 1996-1997 and 2002-2003,
the Indian software industry grew more than five times from 2630 crores to
13200 crores. During the same period software and service exports from
India grew by almost twelve times.
Hardware
The hardware sector of the It industry focuses on the manufacturing and assembling of computer
hardware. The consumption of computer hardware is high in the domestic market. Due to the rise
in the number of IT companies, sales of desktops, laptops, servers, routers, etc have been on the
rise in recent years. Many domestic and multi-national; companies have invested in the computer

hardware market in India.


Another categorization in the structure of India's IT industry is related to the market. There are
two major market classifications - the domestic market and the export market. The export market,
dominates the IT industry accounting for 75% of the revenue.

Top indian it companies


1

Tata Consultancy Services Ltd

Infosys Ltd

Wipro Ltd

HCL Technologies Ltd

Tech Mahindra Ltd

iGate

Mphasis Ltd

L&T Infotech Ltd

Syntel Ltd

10

CSC, India

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