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8/6/2019 Presentation on Role of It
http://slidepdf.com/reader/full/presentation-on-role-of-it 1/14
Presented TO:
Prof: Kapil Suri
Presented By:
Kritee Shukla
8/6/2019 Presentation on Role of It
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` The 1990s were the golden era of Information
Technology in the country.
` It transformed the economic landscape of a
nation that was under the clutches of thegovernment till 1994.
` Liberalization, privatization and globalization
helps the Indian IT market to come in the golden
Scenario.
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` Today, it is one of the fastest growing nations and IT/ITESsector is busy writing the success story of India.
` India¶s GDP is growing at a massive rate of 8.9%(estimated FY2010-11). It is expected that the share of IT/ITES industry in this GDP will be 6.1% as against 1.2%
of 1998.` For the past 10 years, GDP of India has grown on an
average 6-7% every year. If a sector¶s share in this growingGDP has increased from 1.2% to 6.1%.
` Revenue of IT/ITES of India for FY2010 is expected to be71.3 billion USD compared to merely around 6 billion USDin 2000.
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` The growth in number of employees here for thepast ten years has been 26%, making it largestemployer in the organized private sector.
` Currently, direct employment by this sector is 2.3million. Out of total Indian exports, 26% is theshare of this sector for FY2010 as compared to 4% in 1998.
` These are some figures which tell the story of
storming by IT/ITES industry for the past ten years
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` The development of this sector has not limited itself to
Tier-I cities like Bengaluru, Chennai, Hyderabad or
NCR. It is going deep into Tier-II or III cities.
` An example is Bhubaneswar, a Tier-III city where all 4
major Indian IT companies: Infosys, Satyam, TCS and
Wipro are present.
` In 2006-07, Orissa¶s exports has raised by 60% over
2005-06. To promote this sector, SEZs are being built
around with improvement in roads, retail,entertainment and housing facilities.
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` India was known for exporting low technology oriented
products of low quality.
` Now, to compete in the global market, IT/ITES
companies have adopted high quality standards.This in turn affects other sectors too.
` In the process, not just India¶s IT product is
becoming a quality brand. But, overall µMade in
India¶ is getting quality brand recognition.
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` Listing of Indian IT/ITES companies in various
global stock exchanges, which requires abiding by
strict global accounting norms, has helped build a
strong image of companies and sector outside India` . Indian IT/ITES industry is taking a key role in
different acquisitions and mergers of overseas
companies.
` This sector had highest share, 23% in outboundM&A deals in FY2006.
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� Growing share of the country¶s GDP.
� Boosting the foreign exchange reserve of India.
� Employment generation.
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� Additional employment generation.
� Driving growth of other sectors of the economy.
� Encouraging balanced regional development.
� Fuelling the growth of PE/VC funding.
� Improving the product/service quality level.
� Spurring 1st generation entrepreneurship.
� Front runner in practicing good corporategovernance.
� Boosting the image of India in the global market.
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� Encouraging employment of differently-abled: 60% of the employees.
� Opening opportunities for non-technical personnel.
� Creating employment opportunities in smaller
towns/cities: 33% to 50% employees.� Promoting women: over 30% and youth employment.
� Creating opportunities for the µout-of-the-main-stream¶ candidates.
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Training of workforce through collaboration with
educational institutes.
� Promoting higher education through
scholarships and tie-ups with educationalinstitutes.
� Improving work environment by providing
recreational facilities and work-life balance.
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� Education
� Employability and entrepreneurship
� Health
� Bridging the digital divide
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