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Hello, I want to know the details of the software industry details of India. Will you please provide me?
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Hello, here I am providing you the details of the software industry details of India as under: About the industry: India is the world's largest sourcing destination for the information technology (IT) industry, accounting for approximately 67 per cent of the US$ 124-130 billion market. The industry employs about 10 million workforces. More importantly, the industry has led the economic transformation of the country and altered the perception of India in the global economy. Market Size The Indian Information Technology (IT) sector is expected to grow 11 per cent per annum and triple its current annual revenue to reach US$ 350 billion by FY 2025, as per National Association of Software and Services Companies (NASSCOM). Investments Indian IT's core competencies and strengths have attracted significant investments from major countries. The computer software and hardware sector in India attracted cumulative Foreign Direct Investment (FDI) inflows worth US$ 18.17 billion between April 2000 and September 2015, according to data released by the Department of Industrial Policy and Promotion (DIPP). Top companies in the industry in India: OnMobile Subex Infosys TCS FT India Tally Solutions 3i Infotech Newgen Software Ramco Systems Persistent KLG Systel Polaris Software Educomp Solutions Teledata Technology
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