The Information Technology sector has brought India into a new league. Once counted as a rural and agriculture based economy, India now is rated as Knowledge based economy by the top economies of the world. Yes this is one sector that has contributed a tremendous impact on the lives of millions of people in rural areas and put India on the global map.
It is the competency, strength, talent and distinctive advantage of India that made it an attractive venture for major foreign countries. According to statistics of Department of Industrial Policy and Promotion India has attracted a total FDI of around USD 7.97 billion in this sector during a period of April- June.
Information Technology has been the reason behind the most billionaire in the world. Be it Bill Gates of Microsoft, Larry Elison of Oracle, Steve Job aka Apple brand, the famous Larry page, Sergey Brin of Google, Jeff Bezos of Amazon, the list is endless. Asper the statistics more than half of the Billionaires in the world hail from IT background.
According to Nasscom vision, the IT sector in India is estimated to grow by around 13-14 per cent in the financial year 2013-2014 and the market is estimated to touch USD 225 billion of international investment. No doubt, the sector today is treated as the safest bet in the market. This sector aims to position India as a truly developed and strengthened society by the year 2020.
IT industry falls under the category of highest paid industry in India and is most preferred by the youngsters because of the unlimited space to grow. According to a survey the CEOs of IT companies are amongst the richest in India getting a package as high as Rs. 20 crore. Like any other sector one only has to keep himself updated with the latest technologies emerging in the world.
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