![]() ![]() IT Services is a major part of IT industry in India. There are 4 major categories which come under IT industry and they are as follows: Following is the GDP contribution by IT industry in the year 2015-16 India is always dominated by service sector when it comes to GDP contribution. ![]() GDP Contribution of IT industry in 2015-16 India can provide IT services at a rate which is 3 to 4 times cheaper than the rate in USA. Another reason behind this huge growth of IT industry is ‘cost competitiveness in providing IT services. In India, IT industry employs more than 10 million people. The most important resource required for this industry is nothing but the manpower. Indian software exports have grown at an annual average rate of more than 50% since 1991. IT industry in India has grown after the year 1991 i.e. IT industry is one of the largest industries in India in terms of market size.
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