Learn about the IT and Internet sector in India

Videsh Sanchar Nigam Limited formally launched the internet in India on 15th August 1995. Today, it has been exactly 20 years since the Internet entered our country's e-sphere and has been powering our lives in ways unimaginable back then. From education, banking, shopping, to the notorious hacks and scams, the internet has become ubiquitous.
According to the released by the telecom Regulatory Authority of India, over these 20 decades, the number of internet subscribers in the country are over 500 million.
The IT industry in India is the largest destination for sourcing and it is flourishing like never before. Reasons like cost competitiveness, superior intellectual capital and innovative centres have led to the boom in the IT industry. Also, the high market demand of IT professionals has led to a surge in the educational institutions offering IT education in the country.
The market size of the Indian IT industry is expected to triple its current annual revenue to reach US$ 350 billion by FY 2025. India’s internet economy is expected to touch US$ 146.72 billion by 2018. This would account for 5%.

Leading Indian IT firms like Infosys, Wipro, TCS and Tech Mahindra, are diversifying their offerings and showcasing leading ideas in blockchain, artificial intelligence to clients using innovation hubs, research and development centres, to create differentiated offerings of the country’s GDP.

Today, India is the 4th largest destination for businesses and start-ups with about 3,100 tech start-ups. This number is expected to increase to 11,500 by 2020.
The number of internet users in the country is continuously on the rise. With this the IT sector will continue to grow.

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