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Information Technology in India: Thank You To Our Donors, Editors, and Readers in India!
Information Technology in India: Thank You To Our Donors, Editors, and Readers in India!
Information Technology in India: Thank You To Our Donors, Editors, and Readers in India!
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Thx!! ^_^
Contents
1History
2Contemporary situation
3Major information technology hubs
o 3.1Bangalore
o 3.2Hyderabad
o 3.3Chennai
o 3.4Pune
o 3.5Delhi NCR
o 3.6Kolkata
4See also
5References
o 5.1Sources
History[edit]
See also: India Startup Ecosystem TimeLine
India's IT Services industry was born in Mumbai in 1967 with the establishment
of Tata Consultancy Services[16] who in 1977 partnered with Burroughs which began
India's export of IT services.[17] The first software export zone, SEEPZ – the precursor
to the modern-day IT park – was established in Mumbai in 1973. More than 80
percent of the country's software exports were from SEEPZ in the 1980s. [18]
Within 90 days of its establishment, the Task Force produced an extensive
background report on the state of technology in India and an IT Action Plan with 108
recommendations. The Task Force could act quickly because it built upon the
experience and frustrations of state governments, central government agencies,
universities, and the software industry. Much of what it proposed was also consistent
with the thinking and recommendations of international bodies like the World Trade
Organization (WTO), International Telecommunication Union (ITU), and World Bank.
In addition, the Task Force incorporated the experiences of Singapore and other
nations, which implemented similar programs. It was less a task of invention than of
sparking action on a consensus that had already evolved within the networking
community and government.
TIDEL Park in Chennai was the largest IT park in Asia when it was opened in 1999.
Contemporary situation[edit]
In the contemporary world economy, India is the largest exporter of IT. The
contribution of IT sector in India's GDP rose from 1.2% in 1998 to 10% in 2019.
[21]
Exports dominate the Indian IT industry and constitute about 79% of the industry's
total revenue. However, the domestic market is also significant, with robust revenue
growth.[3] The industry's share of total Indian exports (merchandise plus services)
increased from less than 4% in FY1998 to about 25% in FY2012. The
technologically-inclined services sector in India accounts for 40% of the country's
GDP and 30% of export earnings as of 2006, while employing only 25% of its
workforce, according to Sharma (2006). According to Gartner, the "Top Five Indian
IT Services Providers" are Tata Consultancy Services, Infosys, Wipro, Tech
Mahindra, and HCL Technologies.[22] In 2022, companies within the sector faced
significant employee attrition and intense competition in hirings. [23]
Bangalore is a global technology hub and is Indias biggest tec hub. [24] As of fiscal
2016–17, Bangalore accounted for 38% of total IT exports from India worth $45
billion, employing 10 lakh people directly and 30 lakh indirectly. [25] The city is known
as the "Silicon Valley of India".[26][27] Notable tech parks are Electronic
City, ITPL, Bagmane Tech Park, Embassy Golf Links, Manyata Tech Park, Global
Village Tech Park, Embassy TechVillage. Apart from these IT companies are also
located in several other parts of the city. Notable IT companies of the area
include Infosys, Wipro, HCL Technologies, SAP Labs, Accenture, TCS, Oracle, IBM
India, Sonata Software, Mindtree, and Intuit India.[28]
Bangalore is also known as the "startup capital of India"; the city is home to 44
percent of all Indian unicorn startup companies as of 2020. [29]
Hyderabad[edit]