Information technology in India

The information technology (I.T.) industry in India comprises information technology services and business process outsourcing.[1] The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022.[2][3] In FY24, India's IT-BPM industry is estimated to have generated $253.9 billion in revenue[4][5][6] The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023.[5][6] The IT–BPM sector overall employs 5.4 million people as of March 2023.[7][5][6] In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22.[8][9]

  1. ^ Nirmal, Rajalakshmi. "IT's time for ctrl+alt+delete". The Hindu. Retrieved 26 February 2017.
  2. ^ "India: IT-BPM industry share in GDP 2022".
  3. ^ Cite error: The named reference ibef.org was invoked but never defined (see the help page).
  4. ^ "IT industry growth halves to 3.8% in FY24 vs 8.4% in FY23: Nasscom". MoneyControl. 17 February 2024.
  5. ^ a b c "India's tech sector FY25 revenue to grow 5.1% to $282.6 billion: Nasscom". 24 February 2025.
  6. ^ a b c "The Tech Industry in India likely to reach milestone $300Bn Revenue in FY2026 Nasscom Annual Strategic Review 2025" (PDF). Nasscom. 24 February 2025.
  7. ^ "Number of employees in IT".
  8. ^ "IT companies at STPI, SEZs export software worth Rs 11.59 lakh crore in 2021-22". The Economic Times. 16 December 2022. Retrieved 11 March 2023.
  9. ^ Bureau, The Hindu (16 December 2022). "Software exports from Andhra Pradesh not on expected lines, says BJP leader". The Hindu. Retrieved 11 March 2023 – via www.thehindu.com. {{cite news}}: |last= has generic name (help)

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