The role of IT industry in Indian economy

India is one of the fastest growing economies in the world, especially cricket and information technology has tremendous potential. IT industry is backbone of economy; it improves socio-economic condition, offer employment to 3 to 4 million people and also transforming daily routine life. India’s image at global marketplace changing from slow moving economy to innovative and consistent economy with presence of world-class players in offering customised technology oriented business solutions. IT industry has helped every industrial sector in terms to increase productivity; India is now on a role to become a knowledge based economy. Companies like TCS, Infosys, & Wipro are famous around the globe over past one decade and they are consistently developing smart technologies to improve living standard. According to NASSCOM, Indian IT industry is expecting to expand at rapid rate, there will be huge opportunities in coming year.

Bangalore, Chennai, Hyderabad, Mumbai, and other tier 1 cities are major hub of IT industries in India. Every thousands of students get employment through on campus and off-campus drive by emerging IT companies. Interesting fact is that, Indian government is also come forward to support IT sector through Start-up India and Skilled India initiatives. Number of start-ups has been increased in past few years as well as existing companies also supporting them. Walnut innovations Pvt. Ltd. is one of the emerging IT Company which is committed to offer phenomenal services: SEO (search engine optimisation), website design & development, and E-commerce.

India is centre of digital technology innovations as major IT giants have already developed world-class campus. Basically information technology has covered all aspects of business, now entrepreneurs can easily manage trade through online applications & software. It goes without saying that technologies facilitate lifestyle of modern-day population, for instance IT sector is offering high pay jobs as compared to rest of industries.

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