IT Sector contributes 5.2% rise in GDP
Nasscom-Deolitte study on Indian IT industry says that the ITÂ Industries have contributed 5.2 percent this year as against 1.2 percent in 1998. The main findings were that the industry also contributed to foreign exchange reerve of the country by increasing export by 36 per cent.
The study said that in 2008, the direct employment from the industry is expected to be around 2 million about 26 per cent growth in last ten years, The study also shed light on few other aspects also according to the study 75 per cent of the workforce employed in these jobs are SSC/HSC or less educated. The industry has had a multiplier effect on other sector of the economy. $15.85 billion spent by the IT/ITES industry in the domestic economy in 2006 generated an additional output of $15.5 billion.