Strategic Review 2016-The IT-BPM Sector in India

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Strategic Review 2016-The IT-BPM Sector in India

Strategic Review 2016-The IT-BPM Sector in India

Overview

India’s IT-BPM industry is projected to grow 8.5 per cent in FY2016 – from USD 132 billion in FY2015 to USD 143 billion (excl. eCommerce), an addition of USD 11 billion. The aggregate growth rate has been affected due to the dollars’ strengthening against the rupee bringing down domestic market growth to about 3.2 per cent. Share in total service exports is estimated at >45 per cent and the industry’s contribution relative to India’s GDP is >9.3 per cent. Overall, the industry is estimated to employ nearly 3.7 million people, an addition of ~200,000 people. Industry landscape comprises >16,000 firms. India is also maturing to become the Silicon Valley of the developing world with >4,200 start-ups – 3rd largest start-up community in the world.

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Key Findings

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