Electronic and Computer Software Industry in India
Last Updated: August, 2013
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 reach around 3 million in 2012-13. The demand of electronics products and systems in the country is estimated to reach US$ 400 billion by 2020.
The IT and electronics industry witnessed a growth of 22 per cent in production and 21.4 per cent in exports in 2012-13, with India ranking among the top 30 markets in terms of sales and production.
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 and software exports to achieve export volumes of around US$ 83.7 billion during 2012-2013.
Department of Information Technology, Government of India
Other Export Promotion Councils:
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.