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IT Policy

Over the last two decades Information Technology (IT) and information Technology enabled Services (ITeS) Industry in India has emerged as a strategic sector in India’s competitiveness in global market on both employment as well as economic value creation fronts. IT as a sector has marched ahead at a brisk pace evolving into a key driver to both India’s global trade and to Indian’s mobility.

A report by NASSCOM evaluating the contribution of IT over last decade brings out that; IT has off set 65% of India’s cumulative net oil imports. IT/ITeS sector has contributed to 45% of incremental urban employment – both direct and indirect – with over 30% women employees and 45% new entrants. The report also acknowledges that for the globally competitive market place IT has opened the doors for India in forging business relationships with almost all Fortune 500 companies.

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