The global sourcing market in India continues to grow at a higher pace compared to the IT-BPM industry. India is the leading sourcing destination across the world, accounting for approximately 55% market share of the US$ 200-250 billion global services sourcing business in 2019-20.

                   The IT industry accounted for 8% of India’s GDP in 2020.
Information technology is playing an important role in India today & has transformed India’s image as a land of innovative entrepreneurs. The IT sector in India is generating 2.5 million direct employment. India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country. It is estimated that the Indian IT industry would grow to about $300 billion by 2021, with software services and e-commerce leading the race. Government of India has taken several initiatives to promote the industry and several of the states have extended several benefits to the industry members.