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A Factual Report on Electronics and Computer Technology Industries from 2003 to 2012 in India

Journal: International Journal of Advanced Scientific Research & Development (IJASRD) (Vol.03, No. 03)

Publication Date:

Authors : ; ;

Page : 40-43

Keywords : Information Technology; Special Economic Export Zone; Multi National Corporation; Job Opportunity; Grass Domestic Production; Competitive.;

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Abstract

Indian IT industry was born in 1967. It operates in major cities. The basis of IT is public funds, human Capital, Policies and powerful R and D. The vision of IT policy raises the living standards of the common man and upward moving of their lives, from low-end business processes to high-value ones. The IT – ITES sector has a helpful effect on the employment circumstances, creating an additional 30 lakh job opportunities and an additional 60 lakh Indirect job opportunities induced employment, led by the IT – ITES sector and has become a growth engine for the Economy. Its future will depend on how the challenges related to its continued powerful are tactful. Application development and maintenance testing and communications services, consulting and system combination. Some of the challenges faced by the IT and ITES sector include rising rivalry from other countries with incentivized low costs, rising costs in India With wage-push inflation, increasing costs of relevant talent and skilled personnel. Common Service centers have been put up across the country as web-facilitates service access points for making public service available to citizens at anytime and anywhere basis. Sector reforms national e government plan, create large scale IT infrastructure and Corporate participation.

Last modified: 2019-02-11 03:33:40