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Future of Information Technology in India

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    Member Rashijain's Avatar
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    Default Future of Information Technology in India

    Information Technology is the industry that has given a face to India on global level. Today, the country has developed great relationship with various other western countries on the basis of its remarkable IT services. It is certainly a fact of pride that India is known for outsourcing IT services and software to more than 95 countries in the world. With the power of information technology, the country has not only remarkably gained in its reputation and recognition in the world but also has improved its overall economy. Naturally, this promises a long and prosperous future of Information technology in India.

    Statistically viewing the economic growth

    In India, information technology has played an incredible role. It has brilliantly driven and still pushing the country’s economy onto the rapid growth curve. Many researches and studies on the Indian economy have again and again proved its significance impact. One of such truly eye-opening researches, Nasscom-Deloitte study stated that the IT industry’s contribution to the nation’s GDP has augmented to a share of 5.2 per cent in 2007, as compared to 1.2 per cent in1998.

    By the end of fiscal year 2008, statistically, it is the massive industry of information technology IT that along with BPO industries have generated revenues worth US$ 64 billion. The growth was exponentially more in value as compared to export market and domestic market. However, out of all the most surprising fact is that the IT services market in India is estimated to stay the fastest developing in the entire Asia Pacific region with a stunning CAGR of 18.6 per cent. Hence, it is easy to believe that the future of Information technology in India is going to be quite rewarding.

    The Future of information technology in India in terms of employment

    If one is naming countries that have IT as one their most important employment sectors, then you cannot miss India.The IT industry in India has massive scope for natives as it offers jobs to both technical and non-technical graduates and also bears the potential to breed huge foreign exchange influx. Globally, India’s IT growth is mainly subjugated by IT software and services including system integration, bespoken application development and maintenance, application management, software testing , IT consulting, infrastructure management services, complete web solutions and services and service-oriented architecture. India specializes in all these competent and highly demanding IT services and solutions and delivers them at affordable prices. The high rate of IT outsourcing services ensures the spectacular future of information technology in India.

    Information Technology Colleges and Institutes

    It is natural to witness the magnanimous growth of IT colleges and universities in India, when such a great percentage of population is earning their bread and butter with this industry. Not it is a great renders a great profession but also offers people with the security of never falling out their job prospects because IT companies are coming up like mushrooms in India and other countries as well. Today, India would easily beat any other nation in the count of IT colleges and institutions. It seems like that the populace is all set to welcome the future of information technology in India and gain through it massively.

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    the information technology services of india are of high quality and offer great help to the other industries all over the world. since in india the workforce is available at lower rates than in foreign, indian IT services has recieved a boom in the international market. it is offering great job opportunities to the students who have done their B.tech. even the number of companies are increasing slowly and so i think the future seems to be good

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    In small decades of human existence, IT has permeated each corner of the world as well as each aspect of the human experience. The high accessibility of india’s technically trained employees, who’re multilingual as well make it very significant and competitive in the universe economic stage. The sector of information technology in India is hugely taken over by the software as well as services such as application development as well as maintenance, Cisco, Dell, Oracle and system integration are enduring to look to india’s IT organizations to offer technology services.

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    The future of IT in India is very much bright and prosperous because India has very few industries compared to that of Foreign nations. In course of time, the industries would increase and the need to cater their requirements would also increase. In such a case the IT would play a major role in catering their needs.

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    The future of Information Technology is indeed is great in India as many young people are showing their deep interests in the IT companies that are there in India. IT companies number is surely going to increase in the coming time period as the need of the IT professionals and the companies will rise high.

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    Information Technology is booming in India with young generation getting more involved in it, seems to have a thriving future. The IT sector in India has witnessed a rapid growth in the recent times. Today, there are many new IT companies opening in India offering their services all over the World. Many Universities have come up with courses on Information Technology in order to produce IT professionals for the country and moreover, today, many children opt for IT as their field of study as it offers a great prospect.

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    The future of Information Technology is very bright in India. It is growing at a very fast pace spreading its wings every where. Today IT in India is not confined to just computer, software engineers etc. With the advent of BPO's and KPO's, the scope of IT has been more wide. It is contributing to the economic growth of the nation. It is now not confined to the big cities but spreading its wings even to the rural India. It is also opening doors for better career opportunities.

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    The It sector has taken a huge leap in the recent year in its growth. It has contributed remarkably to the growth of Indian economy. The future of IT industry is bright and has a huge scope for people in terms of employment and also has the capability to increase the inflow of foreign exchange in India as the outsourcing business is booming in India.

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