Tuesday, March 06, 2007
IT/ ITES Sector Will Enhance Employment
The Business Line - 28 Feb' 07
The growth of the IT/ ITES sector has had a salutary effect on the employment scenario, with total number of professionals employed in the sector growing from an estimated 2,84,000 in 1999-2000 to 12,87,000 in 2005-06. The Economic Survey released recently further pointed out that the sector has helped create an additional 30 lakh job opportunities through indirect and induced employment in telecom, power and construction industries, among others.
The Survey also pointed out that electronics hardware exports touched Rs 8,500 crore for the fiscal year 2005-06 against Rs 8,000 crore in the previous year, whereas computer software exports rose to Rs 1,03,200 crore from Rs 78,230 crore. The production of consumer electronics increased to Rs 18,000 crore for the year 2005-06 from Rs 16,800 crore in the previous year, against industrial electronics that grew to Rs 8,800 crore from Rs 8,300 crore last fiscal.
The growth of the IT/ ITES sector has had a salutary effect on the employment scenario, with total number of professionals employed in the sector growing from an estimated 2,84,000 in 1999-2000 to 12,87,000 in 2005-06. The Economic Survey released recently further pointed out that the sector has helped create an additional 30 lakh job opportunities through indirect and induced employment in telecom, power and construction industries, among others.
The Survey also pointed out that electronics hardware exports touched Rs 8,500 crore for the fiscal year 2005-06 against Rs 8,000 crore in the previous year, whereas computer software exports rose to Rs 1,03,200 crore from Rs 78,230 crore. The production of consumer electronics increased to Rs 18,000 crore for the year 2005-06 from Rs 16,800 crore in the previous year, against industrial electronics that grew to Rs 8,800 crore from Rs 8,300 crore last fiscal.
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