IT and Telecom

IT &Telecom

ICT SERVICE SECTOR

  • 1,000 global delivery/innovation centers in 200 cities by Indian IT & ITeS around world
  • India's cost competitiveness in providing IT services continues to be the mainstay of its USP in global market
  • US$ 150 billion Indian IT industry’s export revenue to grow at 7-8% and domestic market revenue to grow at 10-11% in 2017-18
  • Sector ranks 3rd in India’s total FDI share and has received US$ 27.72 billion of FDI inflows
  • India’s overseas services engagement is dominated by ICT and enjoys a share of 12% of global exports
  • IT services contribute over 48% of India’s overall services exports with a leading position in the world
  • India has the world’s 2nd largest subscribers base of 1.05 billion in telecommunication market, 3rd highest number of internet users, 4th largest app economy, 3rd rank among global start-up ecosystems with over 4,200 start-ups
  • Digital payments rose 55% in volume and 24.2% in value in FY 2016-17

FUTURE OF ICT: INDIA

  • Telecommunication services market likely grows by 10.3% to reach US$ 103.9 billion by 2020
  • Mobile industry to create a total economic value of US$ 217.37 billion by the year 2020 generating 3 million direct job and 2 million indirect jobs
  • Internet industry to reach US$ 250 billion by 2020, growing to 7.5 per cent of gross domestic product (GDP) Internet users is expected to reach 730 million by 2020
  • Wireless Technology 5G by the end of the year 2020 
  • Digital economy to have the potential to reach US$ 4 trillion by 2022
  • IT exports are projected to grow at 7-8 per cent in 2017-18, adding 15 Lakhs new jobs
  • Public Cloud services is slated to grow 35.9% to reach US$ 1.3 billion
  • Healthcare IT market is valued at US$ 1 billion & to grow 1.5 times by 2020
  • B2B e-commerce market to reach US$ 700 billion by 2020 & B2C to reach US$ 102 billion by 2020
  • Mobile wallet industry to reach US$ 480 billion by 2022, growing at a rate of 126%
  • 8.6 billion M2M / IoT devices by 2020 & to grow 42 times from 2014 to 2019, at a CAGR of 112%

GOVERNMENT INITITATIVES

  • Allocated US$ 1.5 billion (BharatNet project) to provide high speed broadband to over 150,000 gram panchayats by 2017-18.
  • Bharat Interface for Money (BHIM) app launched by Shri Narendra Modi, an Aadhaar-based mobile payment application allowing digital payments without credit or debit card. The app has reached 10 million downloads
  • Setting-up WiFi facility for 5.5 lakh villages by March 2019 with an investment of US$ 577.88 million
  • Plan to auction the 5G spectrum (3,300 MHz and 3,400 MHz) to promote initiatives like IoT, M2M communications, instant HD video transfer & Smart Cities
  • DigiShala (free Doordarshan DTH channel) launched to promote digital payment
  • Railway Ministry to give a digital push, introducing bar-coded tickets, GPS based information systems inside coaches, Wi-Fi facilities at the stations, super-fast long-route train service

Source: Knowledge Reports, Press Information Bureau (PIB), Department of Industrial Policy and Promotion (DIPP) statistics, Department of Information and Technology, Union Budget 2017-18

Why Visit:

  • Meet technology leaders, industry experts, innovators & thinkers
  • Learn latest innovations
  • Networking with digital community
  • Discover new technologies
  • Showcase your brand’s leadership
  • Attend product & service demonstrations
  • Unlock your true tech potential
  • Witness first-hand latest launches or experience live demonstrations 
  • Contribute in tech innovation for your industry
  • Download Brochure

Latest News

WE ARE SOCIAL