The employment potential and prospects in the Information Technology sector are quite promising and robust. In India, it is an industry comprising of two major components, viz, Business Process Outsourcing (BPO) and IT services.
Since 1998, it has contributed majorly to India’s GDP contribution, raising it from 1.2% in 1998 to 7.7% in 2017. India’s total revenue from the Information Technology sector amounts to a staggering US$ 260 billion, as reported in 2017. These figures justify the employment and job opportunities in this segment generates for the dense population of the Indian sub-continent.
Talking about the contemporary world economy, India stands at the top in the list of largest exporters of IT. In India, 79% of the industry’s total revenue is generated by exports. Nonetheless, even the domestic market offers significant and robust revenue growth.
The Topmost Indian IT service providers include Tata Consultancy Services, Wipro, Infosys, and HCL Technologies. These top companies stand responsible for providing unparalleled job opportunities to millions, seeking IT jobs within the country.
Hence, it will not be wrong to assume that the biggest benefit the IT sector provides in India is a solution to its unemployment issues. India accounted for the most number of software developers in the world in 2018 (52 lakh in number as against 42 lakh in America).
Some of the potential IT hubs in India are located in cities like Chennai, Bengaluru, Pune, Delhi, Mumbai, and so on. IT jobs in Chennai, Bengaluru, and Pune have contributed immensely to the overall growth of the Indian economy, thanks to the presence of top IT companies in these regions of the country.
The IT industry in India is not limited to software development only. It can be extended and applied to various sectors like hospitals, banks, hotels, airports, and various other departments through database management systems or through customised software programs, designed and developed to fit the needs of the respective department.
The key players that contribute towards the growth and development of the Indian economy through IT are telecommunication, design, software development, e-commerce, mobile commerce, knowledge process outsourcing (KPO), BPO, and so on.
Prospective Candidates in huge numbers can get IT jobs in Chennai, IT jobs in Pune, IT jobs in Bengaluru, and many other cities in India for a bright and prosperous future within the country as well as overseas.
Despite global challenges and shortcomings, the IT jobs sector in India has been driving growth and contributing significantly to the overall economic development of the country for more than a decade now. And it will without a doubt continue to do so with great players taking charge to lead and rule over the global networking system, fulfilling the dreams of millions on the go.