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The IT and electronics sector is one of the fastest-growing segments of the Indian industry, both in terms of production and exports. In fact, software development and IT-enabled Services (lTeS) have contributed significantly to India's emergence as a global player. Today, India is a vast market and has a major IT production base.The direct employment in the lTeS sector was estimated to grow at a rate of 10.4 per cent to reach 2.5 million in 2010-11. Electronics hardware production (supply) is expected to touch US$ 400 billion by 2020.
Highlights
- There has been continued growth across product development and engineering services, reflecting India's increasing role in global technology IP creation.
- The emergence of green IT with the introduction of green products (which are efficient in energy, space, materials usage and are regulatory-compliant) is creating meaningful differentiation.
- The Indian communication and broadcasting sector - with a subscriber base of 787.2 million as of December 2010 - is the third largest in world and second largest in Asia.
- Consumer electronics registered 15.1 per cent growth in production in 2010-11 and a growth rate of 13.1 percent for the period 2005-06 to 2010-11.
- PC sales were estimated to go beyond 9.7 million units in 2010-11 with an estimated 12 per cent growth in production.
Electronics and Computer Software Export Promotion Council
The Electronics and Computer Software Export Promotion Council (ESC) was formed to provide a platform to the IT & Electronics Industry in India. With exports to more than 200 countries, ESC has successfully steered the direction of India’s electronics & software exports to achieve export volumes of around US$ 64.84 billion during 2010-2011.
Contact Details
3rd Floor, PHD House Opp. Asiad Village, New Delhi – 110016 INDIA
Tel.: +91-11-2696 5103, 2696 4463 Fax: +91-11-2685 3412 Email: info@escindia.com Website: www.escindia.in
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