Information Technology and its Role in India’s Economic Development The role of IT in India’s economic development has expanded rapidly with an exponential growth rate after the economic reform of 1991-92 Indian IT companies have set up thousands of centers within India and around 80 countries across the globe
Information Technology Development in India, Current Status . . . Information Technology (IT) development in India has been a significant and transformative journey that has spanned several decades India has emerged as one of the world’s leading IT hubs, contributing significantly to the global IT industry
Information Technology and Its Role in India’s Economic Development: A . . . Information technology (IT) is an example of a general purpose technology that has the potential to play an important role in economic growth, as well as other dimensions of economic and social development This paper reviews several interrelated aspects of the role
IT sector in India Evolution, Growth and a Tool of Economic Development . . . Indian Information Technology (IT) industry has played a key role in putting India on the global map The IT-BPO sector has become one of the significant growth sector for the Indian economy In addition to fuelling India’s economy, this sector is also positively influencing the lives of its people
India - Information and Communication Technology Contributing over 13 percent to India’s GDP, the ICT sector and the Digital Economy are major economic drivers for the country India aims to grow the ICT sector to $1 trillion by 2025, or 20 percent of predicted GDP
The Role of Digital Infrastructure in Socio-economic Development India could potentially see a five-fold increase in economic value from digital transformation by 2025, representing an attractive opportunity for global and local businesses, startups, and innovators to invest in emerging technologies (like AI, Blockchain, or drones) in ways that are customised to India’s needs The rapid adoption of frontier
Towards a New Indian Model of ICT-Led Growth and Development India is using Information and Communication Technologies (ICTs) to leapfrog economic development in key sectors: health, education, infrastructure, finance, agriculture, manufacturing, and perhaps most important, governance
Information Technology and its Role in India’s Economic Development elimination of duties on imports of information technology products, setting up of Export Oriented Units (EOU), Software Technology Parks (STP), relaxation of controls on both inward and outward investments and foreign exchange, and Special Economic Zones (SEZ), have helped IT industry to gain dominant position in world‟s IT scenario Sowe