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Now, it’s putting some money where its mouth is. The country has announced a $2 billion program designed to promote and incentivize businesses locally building hardware like laptops, PCs ...
Total direct employees in IT sector: 54 lakh. In the contemporary world economy, India is the largest exporter of IT. The contribution of the IT sector in India's GDP rose from 1.2% in 1998 to 7% in 2019. [ 43] Exports dominate the Indian IT industry and constitute about 79% of the industry's total revenue.
India's electronics hardware manufacturing sector is expected to generate $104 billion in electronic goods by 2020, up from $32.46 billion in 2013–14. India produced 1.6% of the world's electronics gear in FY13. With 31% of the entire production of electronic goods in India in FY13, the communication and broadcasting equipment industry held a ...
Software Technology Parks of India (STPI) is an S&T autonomous society under Ministry of Electronics and Information Technology (MeitY) engaged in promoting IT/ ITES Industry, Innovation, R&D, Start-ups, Product/ IP creation in the field of emerging technologies like Internet of Things (IoT), Blockchain, Artificial Intelligence (AI), Machine Learning (ML), Computer Vision, Robotics, Augmented ...
India’s ban on smart TV imports nearly three years ago boosted local manufacturing, according to analysts. The revised policy. Image Credits: Ministry of Commerce and Industry, Government of India
v. t. e. Information technology ( IT) is a set of related fields that encompass computer systems, software, programming languages, and data and information processing, and storage. [ 1] IT forms part of information and communications technology (ICT). [ 2] An information technology system ( IT system) is generally an information system, a ...
The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round, multiple sources told TechCrunch. The Gurugram-headquartered ...
The Ministry of Electronics and Information Technology ( MEITy) is an executive agency of the Union Government of the Republic of India. It was carved out of the Ministry of Communications and Information Technology on 19 July 2016 as a standalone ministerial agency responsible for IT policy, strategy and development of the electronics industry ...