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Information Technology |
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India’s
Domestic Information Technology & Business Process Outsourcing Sector
Rising Rapidly
6th June 2009
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- The domestic IT
services market currently estimated at about $6 billion (Rs.28,800 crore) is
expected to touch $13 billion (Rs.62,400 crore) by 2012
- Domestic outsourcing revenue
from the telecom sector to grow at compound annual growth rate (CAGR) of 31%
to reach at about $2 billion by 2012.
- Revenues from the Telecom
sector accounted for about 50% of domestic BPO revenues at $661 million in
2008.
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Indian IT & BPO Industry: Perspective 2020
16th May 2009
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- Despite the current crisis, the
sector is estimated to earn $225 billion in revenues by 2020.
- Export revenues of Indian
Information Technology-Business Process Outsourcing industry projected to
reach at $175 billion by 2020.
- Indian domestic IT industry to
record a four-fold increase in revenues to $50 billion by 2020 from $12
billion in 2008.
- Significant returns to
customers – annual savings of $20 billion- $25 billion in 2008 itself.
- 80% of incremental growth will
be driven by opportunities outside the current core markets, verticals and
customer segments.
- Untapped markets from Brazil,
Russia, India and China (BRIC) and the Gulf Cooperation Council (GCC)
regions to be the main contributors to the incremental growth.
- Exports of Indian IT services
industry has grown at a rate of 33% CAGR (computed annual growth rate)
during 1998-2009.
- 10-year aspiration of $50
billion in exports in 2008 has been achieved, but extreme contraction in
the global economy likely to delay achievement of the 2010 goal by at
least 3-4 quarters.
- At present, North America and
Western Europe contribute about 75% of the total revenue of this industry.
- Indian IT-BPO industry
estimated to face an employee shortage of about 3.5 million by 2020.
- Total headcount of IT-BPO
industry in India estimated at 2.23 million in FY2008-09, up from 2
million in the previous fiscal year.
- Gross hiring by the Indian IT-BPO
industry expected to be at 100,000 in FY2009-10.
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PC Sales Surges 17% In 2008
9th Feb 2009
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- India's Personal Computer (PC) market is estimated to grow by
13.7% to 11.1 million units in 2009.
- Laptops are estimated to contribute a third of India's PC sales
in 2009.
- Laptop sales expected to surge by 37% to 3.69 million units in
2009.
- PC sales in the country grew by more than 17% to 9.76 million
units in 2008.
- Laptop sales surged by 65% to 2.7 million units in 2008.
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