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ROLE OF IT ON INDIAN
     ECONOMY
INTRODUCTION
 What is IT ?
“ IT” is the study, design, development, implementation, management of computer based information System

Role of IT:

• The role of IT is constantly evolving since they are referred to as “data processing.”

• IT is the area of managing technology and spans wide variety of areas.

• Information technology is no longer a business resource it is the business environment.
ABOUT INDIAN ECONOMY
 World’s sixth fastest growing economy at 8.43 percent GDP growth rate. India is a
  $1.5-trillion economy.

 Economy grew by 8.9 per cent in the second quarter of the current fiscal, up from 8.7 per
  cent a year ago.

 software exports with the estimates and are projected to grow 15-17 percent to generate
  about US$ 70 billion in 2011-12 as against US$ 59 billion in 2010-11.


 India, the second largest growing economy will overtake China as the fastest growing major
  economy with an average of 8 per cent in the next five years.

 During the period 2010-2011, the annual growth rate of Indian IT services industry has
  been over 35%.

 India is expected to be the world’s fastest growing economy by 2018, according to
  Economist Intelligence Unit (EIU)
SCOPE FOR IT IN INDIA
 Economic survey revealed that IT - ITES sector created almost 3 million additional
  jobs this year and number will go on in the immediate future

 IT services will contribute over 7.5 % of the overall GDP.

 IT Exports accounted 35% of the total exports with potential for 2.2 million jobs in
  IT in the year 2008.

 IT industry will attract Foreign Direct Investment (FDI) of U.S. $ 4-5 billion.
GROWTH IN INDIA
GROWTH IN INDIA
TOP IT PLAYERS INDIA
 is an Indian multinational IT services, business solutions and outsourcing company headquartered in Mumbai,
  India and a subsidiary of the Tata Group
 It is the largest Asia based provider of business process outsourcing services
 TCS has been ranked #20 in the list of top companies of India, by Fortune India 500 magazine. It is the largest IT
  service company in India by revenue and market


 Industry                                                 IT services, IT consulting
 Founded                                                  1969
Headquarters                                             Mumbai, Maharashtra, India
                                                         IT, business consulting and outsourcing
Services
                                                         services
Revenue                                                  US$ 10.17 billion (2012)

Employees                                                238,583 (2012)
 Infosys Limited delivers IT-enabled business solutions to enable Global 2000 companies to build their enterprises
   of tomorrow.

 Headquartered in Bangalore, India, Infosys has a global footprint with sales offices in 29 countries and development
   centers in India, US, China, Australia, UK, Canada, Japan and many other countries.

 Infosys ranked among the most innovative companies in a Forbes survey


     Industry                                                IT services, IT consulting
     Founded                                                  1996
     Headquarters                                             Bengaluru, India

                                                              IT, business consulting and outsourcing
     Services
                                                              services
     Revenue                                                  US$ 6.99 billion (2012)

     Employees                                               149,994 (2012)
 Wipro Limited is an Indian global IT services and consulting company headquartered in Bangalore, India. As of 2012

 Wipro is the second largest IT services company by turnover in India.
 It provides outsourced research and development, infrastructure outsourcing, business process
  outsourcing (BPO) and business consulting services.
 The company operates in three segments: IT Services, IT Products, Consumer Care and Lighting.

   Industry                                              IT services, IT consulting
   Founded                                               (December 1945)
                                                         IT, business consulting and outsourcing
   Services
                                                         services
   Revenue                                               US$ 6.98 billion (2011)

   Employees                                             135,920 (March 2012)
   Headquarters                                          Bangalore, Karnataka, India
 HCL Technologies Limited is a global IT services company headquartered in Noida, India.
 It is primarily engaged in providing a range of outsourcing services, business process outsourcing
   and infrastructure services.
 HCL Technologies is fourth largest IT company in India and is ranked 48 in the global list of IT services
   providers. It is ranked 1868 in Forbes Global 2000.


Industry                                           IT Services

Founded                                            12 November 1991

Headquarters                                      Noida, India
Services                                           IT and Outsourcing services

Revenue                                           16,102 crore (US$3.21 billion) (2011)

  Employees                                         82,464 (2012)
REVENUE
India: Pacing Ahead to Emerge as a Major Economy in the World
Foreign Investments
 Between April 2000 and December 2010, the computer software and hardware sector
  received cumulative foreign direct investment (FDI) of US$ 10,601 million.

 The total investments of EMC Corporation, a leading global player of information infrastructure
  solutions in India, will touch US$ 2 billion (over US$ 2.01 billion) by 2014.

 Syntel, an IT company, plans to invest around US$ 50 million in its global development center in
  Chennai.

 Russian IT security software provider, Kaspersky Lab, has invested US$ 2 million in its
  Indian operations at Hyderabad
THANK YOU

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Role of it on india economy

  • 1. ROLE OF IT ON INDIAN ECONOMY
  • 2. INTRODUCTION What is IT ? “ IT” is the study, design, development, implementation, management of computer based information System Role of IT: • The role of IT is constantly evolving since they are referred to as “data processing.” • IT is the area of managing technology and spans wide variety of areas. • Information technology is no longer a business resource it is the business environment.
  • 3. ABOUT INDIAN ECONOMY  World’s sixth fastest growing economy at 8.43 percent GDP growth rate. India is a $1.5-trillion economy.  Economy grew by 8.9 per cent in the second quarter of the current fiscal, up from 8.7 per cent a year ago.  software exports with the estimates and are projected to grow 15-17 percent to generate about US$ 70 billion in 2011-12 as against US$ 59 billion in 2010-11.  India, the second largest growing economy will overtake China as the fastest growing major economy with an average of 8 per cent in the next five years.  During the period 2010-2011, the annual growth rate of Indian IT services industry has been over 35%.  India is expected to be the world’s fastest growing economy by 2018, according to Economist Intelligence Unit (EIU)
  • 4. SCOPE FOR IT IN INDIA  Economic survey revealed that IT - ITES sector created almost 3 million additional jobs this year and number will go on in the immediate future  IT services will contribute over 7.5 % of the overall GDP.  IT Exports accounted 35% of the total exports with potential for 2.2 million jobs in IT in the year 2008.  IT industry will attract Foreign Direct Investment (FDI) of U.S. $ 4-5 billion.
  • 8.  is an Indian multinational IT services, business solutions and outsourcing company headquartered in Mumbai, India and a subsidiary of the Tata Group  It is the largest Asia based provider of business process outsourcing services  TCS has been ranked #20 in the list of top companies of India, by Fortune India 500 magazine. It is the largest IT service company in India by revenue and market Industry IT services, IT consulting Founded 1969 Headquarters Mumbai, Maharashtra, India IT, business consulting and outsourcing Services services Revenue US$ 10.17 billion (2012) Employees 238,583 (2012)
  • 9.  Infosys Limited delivers IT-enabled business solutions to enable Global 2000 companies to build their enterprises of tomorrow.  Headquartered in Bangalore, India, Infosys has a global footprint with sales offices in 29 countries and development centers in India, US, China, Australia, UK, Canada, Japan and many other countries.  Infosys ranked among the most innovative companies in a Forbes survey Industry IT services, IT consulting Founded 1996 Headquarters Bengaluru, India IT, business consulting and outsourcing Services services Revenue US$ 6.99 billion (2012) Employees 149,994 (2012)
  • 10.  Wipro Limited is an Indian global IT services and consulting company headquartered in Bangalore, India. As of 2012  Wipro is the second largest IT services company by turnover in India.  It provides outsourced research and development, infrastructure outsourcing, business process outsourcing (BPO) and business consulting services.  The company operates in three segments: IT Services, IT Products, Consumer Care and Lighting. Industry IT services, IT consulting Founded (December 1945) IT, business consulting and outsourcing Services services Revenue US$ 6.98 billion (2011) Employees 135,920 (March 2012) Headquarters Bangalore, Karnataka, India
  • 11.  HCL Technologies Limited is a global IT services company headquartered in Noida, India.  It is primarily engaged in providing a range of outsourcing services, business process outsourcing and infrastructure services.  HCL Technologies is fourth largest IT company in India and is ranked 48 in the global list of IT services providers. It is ranked 1868 in Forbes Global 2000. Industry IT Services Founded 12 November 1991 Headquarters Noida, India Services IT and Outsourcing services Revenue 16,102 crore (US$3.21 billion) (2011) Employees 82,464 (2012)
  • 13. India: Pacing Ahead to Emerge as a Major Economy in the World
  • 14. Foreign Investments  Between April 2000 and December 2010, the computer software and hardware sector received cumulative foreign direct investment (FDI) of US$ 10,601 million.  The total investments of EMC Corporation, a leading global player of information infrastructure solutions in India, will touch US$ 2 billion (over US$ 2.01 billion) by 2014.  Syntel, an IT company, plans to invest around US$ 50 million in its global development center in Chennai.  Russian IT security software provider, Kaspersky Lab, has invested US$ 2 million in its Indian operations at Hyderabad