The Indian IT industry has a leading position globally. It  has been contributing to the growth of exports and creation of employment opportunities,data released by the Parliament revealed.

As per National Association of Software and Services Companies (NASSCOM), India’s IT industry has grown significantly in last decade. 

The Government has come up with various initiatives to promote IT industry across the country. It includes setting up of 67 centres of Software Technology Parks of India, 100% Foreign Direct Investment (FDI), BPO Promotion Schemes for small towns/cities, National Policy on Software Products-2019 (NPSP 2019), various skill development program through 55 centres of National Institute of Electronics & Information Technology (NIELIT), FutureSkills PRIME for re-skilling/ up-skilling of IT professionals, promotion of Start-up ecosystem through Technology Incubation and Development of Entrepreneurs (TIDE 2.0), Startup Accelerator of MeitY for Product Innovation, Development, and Growth (SAMRIDH), Domain Specific Centres of Excellence (CoEs), Gen-Next Support for Innovative Startups (GENESIS), India AI Mission etc. 

 

Financial Year

Total Revenue (USD Billion)*

Export Revenue (USD Billion)*

FY 2014-15

118

100

FY 2024-25(E)

283

224

*Figures from NASSCOM


Centre claimed that these initiatives have played a crucial role for growth of IT industry. The state-wise details of export from STPI registered units including Telangana is at

This information was given by the Union Minister of State for Electronics & Information Technology Shri Jitin Prasada in Lok Sabha on Wednesday.

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