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IT and ITeS
The size of India's IT industry has grown significantly over the years. The IT services industry in India is one of the biggest employment creators in the country and has put the country on the global map. In a recent article in The Times of India by Mr V Balakrishna, CFO, Infosys, the Indian IT industry is expected to reach $100 billion in revenues this year, with exports contributing to about $69 billion. The industry impacts India's GDP by around 7.5% and employs close to 2.8 million employees, with an additional 2,30,000 employees expected to be added in fiscal 2012.

The biggest benefit of the IT industry is the huge employment it generates. For a developing country like India, with a huge population, the high rate of employment in the IT sector is a big advantage.

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