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About IT/ITES Sector

Tech Powerhouse: Exploring Investment Avenues in India's Thriving IT/ITES Sector
India stands as the premier global offshoring destination for IT firms, underscoring its prowess in the Information Technology and IT-Enabled Services (IT/ITES) domain. This sector is a cornerstone of India's economic landscape, contributing a substantial 7.4% to the GDP in FY 2022 and providing direct employment to approximately 5.1 million individuals, with expectations of reaching 9.5 million by 2026. As India charts its path toward becoming a developed nation by 2047, the government actively supports this transformation. Initiatives such as the Software Technology Park of India Scheme, a 100% export-oriented endeavour, foster the development and export of computer software, further elevating India's global standing. The National Policy on Software Products (2019) is another testament to India's commitment to becoming a worldwide leader in intellectual capital-driven software product development. It has established the Indian Software Product Registry (ISPR), serving as a trusted trade environment by pooling Indian software products and facilitating innovation. Dive into the boundless investment opportunities within India's thriving IT/ITES sector and be a part of the technological revolution reshaping the nation's future.

IT/ITES Snapshot

  • 230 Opportunities
  • USD 3.63 bn Worth

Mode of Implementation

  • 69 EPC
  • 37 PPP
  • 20 To Be Finalized
  • 2 Others
  • 1 Pure Private
Top performing states
IT/ITES | Requirement

Sub-Sectors in IT/ITES

Software Solutions

143 Opportunities

USD 1.9 bn worth

The number of IoT devices in India is expected to increase from 200 million in 2016 to 2.7 billion units by 2020


44 Opportunities

USD 113.36 mn worth

India is the #1 IT Sourcing Destination

Common Infrastructure for Industrial Parks

22 Opportunities

USD 1.33 bn worth

3376 GIS mapped Industrial Parks/ Estates/ Clusters/ Nodes identified in India

Data Centers

19 Opportunities

USD 288.13 mn worth

India will be a USD 3.88 Bn Data Center Market by 2024

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Stressed Asset ID: 602013


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State(s) | Rajasthan Sub-sector | IT & BPM
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Stressed Asset ID: 602142


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State(s) | West Bengal Sub-sector | IT & BPM
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Stressed Asset ID: 602061


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State(s) | Delhi Sub-sector | IT & BPM
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Stressed Asset ID: 601972


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State(s) | Telangana Sub-sector | IT & BPM

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Latest Updates
  • Opportunities in 13 sectors added
  • Opportunities in 16 states added
  • Opportunities in 3 Schemes added
  • 57 new opportunities added
  • Opportunities in 12 sectors updated
  • Opportunities in 15 states updated
  • Opportunities in 5 Schemes updated
  • 57 opportunities updated
  • Opportunities in 34 sectors added
  • Opportunities in 34 sectors updated
  • 447 new promoters added
    14 October
  • National Policy on Software Products 2019

    To promote the creation of a sustainable Indian software product industry, driven by intellectual property (IP), leading to a ten-fold increase in share of the Global Software product market by 2025

  • Special Economic Zones (SEZs) Policy

    An Act to provide for the establishment, development and management of the Special Economic Zones for the promotion of exports and for matters connected therewith or incidental thereto.

  • National Digital Communications Policy - 2018

    To create robust digital communications infrastructure.

  • Software Technology Parks (STP) Scheme

    The STP scheme is for providing facilities to IT industry for undertaking software development and IT enabled services for 100% exports using data communication links in the form of physical exports including export of professional services.

  • National e-Governance Plan (NeGP)

    E-Governance in India has steadily evolved from computerization of Government Departments to initiatives that encapsulate the finer points of Governance such as citizen centricity, service orientation and transparency.

  • National Cyber Security Policy 2013

    To protect information and information infrastructure in cyberspace, build capabilities to prevent and respond to cyber threats, reduce vulnerabilities and minimize damage from cyber incidents through a combination of institutional structures, people, processes, technology and cooperation.

  • Relaxation of FDI Norms

    The volumes and potential growth of India's mobile market makes it an important investment destination world over.

  • Policy framework for satellite communication in India

    To develop a healthy and thriving communications satellite and ground equipment industry

  • Spectrum Reforms

    Achievement report for Telecomm Sector

  • Fiscal incentives for setting up of Community Radio Stations

    Ministry of Information and Broadcasting to provide 90% subsidy for NE States and 75% subsidy for other States for setting up Community radio stations.

  • Digital India India Programme

    The mobile sector plays a key role in meeting the goals of Digital India specifically in the areas of digital payments, BharatNet, eKranti & data analytics for social change. It aims to empower 1 bn subscribers by providing internet access to all.

  • BharatNet

    For the deeper digital penetration in rural areas, the Government has taken up BharatNet project with the mission to link each of the 250,000 Gram Panchayats of India through broadband optical fibre network.On its completion, BharatNet would facilitate broadband connectivity (with a 100 Mbps of bandwidth) for over 600 mn rural citizens of the country.

  • National Policy on Information Technology 2012

    To strengthen and enhance India?s position as the Global IT hub and to use IT and cyber space as an engine for rapid inclusive and substantial growth in the national economy.