Economic Growth of Information Technology （经济增长的信息技术）.pdf

XVII Annual International Seminar Proceedings; January, 2016 Economic Growth of Information Technology Industry in India M.Uma Dr.V.Elangovan Research Scholar Associate Professor A.P.S.A.College, Thiruppathur-630211, Tamil Nadu Abstract Owing to its easy accessibility and the availability of wide range of IT products, the demand for IT services has increased substantially over the years. The IT sector has emerged as a major global source of employment, revenue, growth and better standard of living.IT sector accounts for almost 1.2% of India’s GDP in 1997 and it has increased to 4.8% in 2005-06 and further increased to 6.9% during 2011.The Indian software and services export revenue reached to a level of $49.7billion in year 2009-10. The export of IT services are estimated to US$25.8billion in 2008-09 showing a growth of 5.8%.The IT-BPO sector in India had an aggregate revenue of US$100billion in FY2012. The export and domestic revenue of the sector stood at US$ 69.1billion and US$ 31.7 billion respectively.” (Joy deeb).The IT industry provided employment directly or indirectly for over 2.3million people in 2001.It has been estimated that in the FY2012 the IT industry provided direct employment to 2.8million and indirect employment to 88.9million people all over the country (Joy deeb). The present study applied simple linear trend model to measure the trend in the production and exports of IT industry.The analysis has shown that there are positive trends in the production and export of IT industry. The IT industry’s domes