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| Information
Technology |
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| Information Technology:
Booming sector in India |
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| Indian Scenario |
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| IT & ITES industry has grown
at CAGR of 28% during the last 5 years |
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India
has built up valuable brand equity in
global markets in IT (Information technology)
& IT Enabled Services (ITES) |
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India
is emerging as the most preferred destination
for business process outsourcing (BPO) |
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IT
sector contributed 4.8% to India's GDP
in 2005-06 |
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IT
& ITES industry expected to grow
to USD 148 Billion by 2012 |
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Indian
software and services industry exports
witnessed a healthy growth, with total
exports reaching USD 23.4 Billion in
2005-06 |
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India
aims to achieve a 50% share in the global
off-shored IT and BPO services by 2008 |
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The
total number of IT and ITES-BPO professionals
employed in India has grown from 284,000
in 2000 to 1,287,000 in 2005. |
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| PRESENCE OF MNCs |
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Microsoft |
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Oracle |
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SAP |
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IBM |
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Dell |
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GE |
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| DRIVERS |
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100%
Income Tax exemption on
export profits is available
to SEZ for 5 years. |
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Growth
of Personnel Computers (PC)
(3.6 Million units in 2004-05)
is expected to boost the
domestic demand. |
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Excise
duty on computers and peripherals
is 0%. |
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| Source: Information Technology
Annual Report 2005-06, Ministry of Commerce &
Information Technology, Dept of Information Technology;
NASSCOM |
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