Revenue of the Indian IT and BPM industry 2009-2019
The total revenue generated by the IT and BPM industry in India was over 175 billion U.S. dollars in 2019. In the year 2014, a revenue of around 118 billion dollars was generated by the IT industry, which was revitalized by the massive wave of outsourcing from foreign companies.
The domestic market
The IT-BPM sector contributed a share of about eight percent to India’s GDP in fiscal year 2018. Exports from the sector also increased gradually over the years. The south Asian country also had a revenue of four billion dollars through the ITeS and BPO segment in 2018. At the same time, the sector had an export value which was almost thrice more than the export of software products and engineering services.
Fueling the job market
The south Asian country Is the largest process management destination worldwide. With the potential to harness new technologies, the industry can generate huge employment and revenue opportunities. Being the largest organized sector for job creation, the sector was estimated to contribute a share of about ten percent to the GDP by 2025.
The domestic market
The IT-BPM sector contributed a share of about eight percent to India’s GDP in fiscal year 2018. Exports from the sector also increased gradually over the years. The south Asian country also had a revenue of four billion dollars through the ITeS and BPO segment in 2018. At the same time, the sector had an export value which was almost thrice more than the export of software products and engineering services.
Fueling the job market
The south Asian country Is the largest process management destination worldwide. With the potential to harness new technologies, the industry can generate huge employment and revenue opportunities. Being the largest organized sector for job creation, the sector was estimated to contribute a share of about ten percent to the GDP by 2025.
