Information Technology in India

WHAT IS INFORMATION TECHNOLOGY ?

Information technology (IT) is the use of any computers , storage , networking and other physical devices , infrastructure and processes to create , process , store , secure and exchange all forms of electronic data . It includes software and hardware . Software is used to perform essential functions and hardware is used for virtualization and management or automation tools , operating systems and applications .

INDIA'S IT INDUSTRY

Information technology in India is an industry consisting of two major components :

  • IT services
  • Business process outsourcing (BPO)

The sector has also increased its contribution to India's GDP .


HISTORY OF IT INDUSTRY IN INDIA

India's IT Services industry was born in Mumbai in 1967 with the establishment of the Tata Group in partnership with Burroughs . The first software export zone , SEEPZ – the precursor to the modern-day IT park – was established in Mumbai in 1973 . More than 80 percent of the country's software exports were from SEEPZ in the 1980s .

The Indian economy also undergone major economic reforms in 1991 , leading to a new era of globalization and international economic development , and annual economic growth of over 6% from 1993 – 2002 . The then prime mininster of India placed the development of Information Technology among its top five priorities and formed the Indian National Task Force on Information Technology and Software Development .

SITUATION OF INFORMATION TECHNOLOGY IN INDIA [NOW]

Bangalore which is situated in karnataka is known as the Silicon Valley of India and the IT Capital of India . It is considered to be a global information technology hub and it is India's largest exporter both of IT overall and of software . Some of the top Indian IT service providers like Infosys, Wipro, Mindtreeand Mphasis are headquartered in Bangalore . It is the site of the national headquarters of many top international firms like Intel , Texas Instruments , Bosch , Yahoo, SAP Labs,Google India, EA , Apple Inc , SanDisk , Harman , Dell , Ericsson , Sabre , Goldman Sachs , HP, Cognizant , Boeing , Wells Fargo , Sony , AT&T , Flipkart , CenturyLink , Aricent , Samsung, Oracle , LG , Adobe , IBM, Qualcomm , Cisco , LBrand , PayPal , Ebay , Quest , Broadcom , Cerner, EY, Amazon , LinkedIn , BT , and Continental , among others . Bangalore accounts for more than 35% of all IT companies present in India and contains close to 5,000 companies, making it India's largest IT contributor.