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Highest Percentage Coverage from the IT Sector in GDP Growth

Highest Percentage Coverage from the IT Sector in GDP Growth

IT-based services are essential for any organization to increase productivity, makes business processes flow easily, and grow efficiently and economically in this competitive world. Managed IT services have impacted the economy so drastically that today all enterprises running on IT infrastructure contribute to GDP, which is a good indicator of the country’s growth that further contributes to per capita income. Moreover, the overall competence of the IT-based industries has increased because of the needed technology element to make the Indian backbone strong….

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The Rise of IT Sector as an Enticing Investment Option

The Rise of IT Sector as an Enticing Investment Option

Post-independence, IT sector has gained an enormous attraction towards it. If we look down upon 10 years ago, the IT sectors contribution was less than 5% in country’s GDP. But now the contribution has increased to twice in number. In the times of covid-19 when the whole world was at still and the economy got depleted, the IT sector faced the major growth ranging from $190 billion to $194 billion, with an overall growth of 2.3%. this was observed because…

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