IT SCOPES IN DEVELOPING INDIA !

IT SCOPES IN DEVELOPING INDIA IN 2020:

Developing IT sector in India

(https://www.eduair.in/2020/05/INDIA-IS-TRYING-TO-OVERCOME.html)

India is leading in IT industry with the leading countries all over the world.India created a large market place and economical hub by IT companies in the world with in 8 to 10 years.

From 2012 to 2020 India is growing in a rocket speed in IT sector previllage.This is the undergoing rapid revolution in India.

According to the report of 2019,the IT-BPM sector in India stood at US$177 Billion in 2019 witnessed a growth of 6.1% per year.

It is estimated that the size of growth of IT industry India will grow US$350 Billion by 2025.IT sector contributes about 85 of Indian GDP.

In the year of 2019,IT industry created about 4 millions direct and 15 millions indirect jobs in all over the India.IT sector monetizing our economy in a rapid fire process.

The current wave of Indian software entrepreneurs is focusing on building platforms and products for Indian and global market.

This has lead to creation of more than 7000 tech startups in India. 
 (https://www.eduair.in/2020/05/PICTURES-SAY-MORE-THAN-YOUR-WORDS.html)


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The Indian software industry has accelerated the adoption of digital technologies in India.
The industry has played a vital role in providing digital identities to over 1.5 billion people in India. 
The next generation of Indian software companies is helping millions of small and medium scale companies to grow up.


TOP MNC'S IN INDIA FOR IT SECTOR


1. TCS-TATA CONSULTANCY SERVICES


      TCS was found in 1968 and working in many countries all over the world including United states and European countries.
      TCS is the number one IT company India over other companies and one of the best company in all over the world.
      Now TCS started internship and skill development curriculum for the technical initiative students.
  REVENUE-70k crores
  NET PROFIT-190k crores
  Market capitalization-505120 crores
  Employee-over 4M        

2. INFOSYS-After TCS Infosys is India's leading industry.It was founded at 1981.

  REVENUE-40k crores
  NET PROFIT-15k crores
  Market capitalization-2.5M crores
  Employee-over 1.75M

3. WIPRO- Wipro was founded in 1945 and entered into the IT sector in the year of 1980 and from that year it is active and growing in this field.

   REVENUE-40k crores
  NET PROFIT-8k crores
  Market capitalization-2M crores
  Employee-over 2M  

4. HCL TECHNOLOGIES- It was founded in 1976 and put it's     feet on IT field in 1991.

   REVENUE-20k crores
  NET PROFIT-7k crores
  Market capitalization-1.5M crores
             
5.TECH MAHINDRA- It was founded in 1986,pune.
    REVENUE-18k crores
  NET PROFIT-30k crores
  Market capitalization-70k crores
  Employee-over 1M 

6. ORACLE FINANCIAL SERVICES-It was founded in     1990,Mumbai.

  REVENUE-40k crores
  NET PROFIT-1.5k crores
  Market capitalization-5ok crores
   
7. MINDTREE- It was founded in 1999.
  REVENUE-35k crores
  NET PROFIT-500 crores
  Market capitalization-1.2M crores
  Employee-over 20k


WHY THE TOP COMPANIES OVER WORLDWIDE ARE INTERESTED TO INVEST ON INDIA'S IT FIELD?



Digital India

(  https://www.eduair.in/2020/04/speed-is-waiting-for-you.html )

 India is a developing country,so it also provides opportunities to the world class companies to invest in India for speed in developing condition.

India has a large human network for work stream and large basement for the MNCs.MNCs have interested

in India over the past 15 years.Investing in India is advantageous for them for India also.

They are investing upon IT sector,automobile,electronics and food services more than other issues.It is the giant multinational corporate firms which spend a lot on development of new technologies can greatly benefit the developing countries by transferring the new technology developed by them.

Therefore,MNCs can play a vital role to increase Indian economy.IT sectors like Microsoft,Intel,Capgemini,

IBM and all like this are investing more in India due to huge market place.

IT HUB OF INDIA ?

 Bangalore is the IT capital of India and a global information technology hub in the country.
The city is known as the Silicon Valley Of India with large number of software companies in India and
many top Indian firms like Infosys,Wipro,Mindtree are headquartered in Bangalore.


JOBS OF IT FIELD FOR 2020 LEADING IN INDIA!


1.Block chain developer
2.Artificial intelligence specialist
3.Java script developer
4.Robotic process automation consultant
5.Back-end developer
6.Growth manager
7.Site reliability engineer
8.Customer success specialist 
9.Full stack engineer
10.Robotics engineer
11.Cyber security specialist
12.Python developer
13.Digital marketing specialist.
14.Front-end engineer
15.Lead generation specialist

India has a requirement of investment worth Rs 50 trillion (US$ 777.73 billion) in infrastructure by 2022 to have sustainable development in the country. 


India is witnessing significant interest from international investors in the infrastructure space. Some key investments in the sector are listed below.

Large investment in infrastructure have provided momentum to overall PE/VC investments into India which touched an all-time high where infrastructure recorded US$ 14.5 billion during 2019.


The largest deal was Abu Dhabi Investment Authority, Public Sector Pension Investment Board and National Investment and Infrastructure Fund investment of US$ 1.1 billion in GVK Airport Holdings Ltd.

During April 2019-January 2020, the cumulative growth of the eight core industries is 0.6 per cent.
As on 31 March, 26.02 million households have got electricity connections under the Saubhagya Scheme.

In June 2018, the Asian Infrastructure Investment Bank (AIIB) has announced US$ 200 million investment into the National Investment & Infrastructure Fund (NIIF).

Indian infrastructure sector witnessed 91 M&A deals worth US$ 5.4 billion in 2017
Government Initiatives

The Government of India is expected to invest highly in the infrastructure sector, mainly highways, renewable energy and urban transport.


The Government of India is taking every possible initiative to boost the infrastructure sector. Announcements in Union Budget 2019-20:


India plans to spend US$ 1.4 trillion on infrastructure in the next five years.

NHAI will be able to generate revenue of Rs one lakh crore (US$ 14.31 billion) from toll and wayside amenities over the next five years.

In the Union Budget 2020-21, the Government of India has given a massive push to the infrastructure sector by allocating Rs 1,69,637 crore (US$ 24.27 billion) for the transport infrastructure.

As per Union Budget 2020-2021, Metro rail network has touched 657 KM and Ministry of Railways have been allocated Rs 72,216 crore (US$ 10.33 billion).

Communication sector allocated Rs 38,637.46 crore (US$ 5.36 billion) to development of post and telecommunications departments.

The Indian Railways received allocation under Union Budget 2020-21 at Rs 72,216 crore (US$ 10.33 billion).

Rs 3,899.9 crore (US$ 540.53 billion) to increase capacity of Green Energy Corridor Project along with wind and solar power projects.
Allocation of Rs 8,350.00 crore (US$ 1.16 billion) to boost telecom infrastructure.


After all India is growing day by day by influencing it's IT and technology field.According to the report India is going to be the largest hub for IT department in Asia.

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  1. Really its helpful bro 🙏

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