Over the past two decades, India has been a leading destination globally for outsourced processes of information technology development and allied services.
With new avenues opening up in the information technology industry in India and paving ways for pan-Indian connectivity, IT and ITeS make up for the majority in tech advancement. The country houses a large pool of new-age, young, technically skilled workforce which powers the sector from its grass-root level.
The opportunity stems from the IT & ITeS and manufacturing industries in India, owed to a heavy demand in technical manpower outsourcing, digital infrastructure development, accessible technology in Tier 2 and Tier 3 cities to promote Industry 4.0, and the need for emerging tech to propel India on to the world stage.
Some key figures highlighting the opportunity in India’s technology market space are as follows:
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