![]() This rising internet ubiquity was possible due to falling data prices to Rs 10.9/GB, low-cost smartphones, and the government’s push for ‘Digital India’. “India has witnessed a doubling internet and smartphone penetration from 2015-2020, with over 45 percent of the population connected with the internet and 39 percent of people using smartphones. The massive increase in smartphone penetration over the last five years has had a big role in it. While the country has witnessed exponential growth during the last five years, we think the pace of growth will continue to accelerate and will further open up new opportunities to investors,” says Kothari. Omni DX - Digital Transformation smallcase by Omniscience Capital The number is expected to grow three to five times by 2025, accounting for 18 to 23 percent of the GDP with an annual turnover of $300-350 billion. The study estimated that IT services accounted for 8 percent of GDP in 2018. A majority of this talent pool will come from Indian IT services companies.Ī study by MEITY, too, highlights the growth and the increasing significance of Indian IT services companies. IBM estimates that 30 million people will have to be trained by 2030 on digital technologies. Indian IT industry is building capabilities to roll out a massive training and re-skilling programme. India accounts for nearly 75 percent of the global digital talent and Indian companies are the largest providers of IT services for the last two decades, with a presence in more than 80 countries and nearly 800 delivery centres worldwide.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |