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When the Indian Government introduced its flagship Digital India initiative seven years back, no one had the slightest idea of what was coming. That the nation would entirely shift from offline to online in the coming years was unimaginable. What PM Modi had then said makes complete sense now: Indian Talent (IT)+ Information Technology (IT) = India Tomorrow (IT).

India encountered the global crisis as an empowered nation that digitally operated in every arena throughout the lockdown to keep the progress clock ticking. It was possible because of Digital India, followed by Digital Village at Akodara, Gujarat, which bridged the gap between Bharat and India. These initiatives let the country weave into a dream for tomorrow where technology can be used and accessed by all.

Information Technology

Growth of IT Industry in India

The contribution of the Information Technology (IT) sector has grown impressively over the last two decades. In today's technology-driven economy of the 21st century, the IT industry is a vital component. India is the ruling sourcing target worldwide, accounting for the majority market share of the global services sourcing business in 2019-20. This particular sector has generated about 4 million jobs and provided indirect employment to 10 million in India.

The technology and management institutions in India are considered world-class with state-of-the-art technology and professional brains. As India has become the first preference of every developed nation for Business Process Outsourcing (BPO) services, it is the IT hub of the world.

The major components that have contributed remarkably to the IT industry's exports include Software and services (IT services) and IT-enabled services (ITeS). Also, India has been quite active in rolling out the IT and ITeS sector incentives. There has been an announcement of a plan to launch a national program on artificial intelligence and set up a national AI portal.

Some of the major actions taken to promote the IT and ITeS sector in India are as follows:

  • In May 2021, as a part of an innovation challenge, an Indian language learning app was launched.
  • In April 2021, to establish an enabling environment for the IT industry, India launched three innovative technologies,
    1. Automatic Parallelizing Compiler (CAPC)
    2. Cyber Security Operation Centre (CSoC) as a Service
    3. Parallel Development Environment (ParaDE)
  • In Budget 2021, the Government has allocated approx 53 crore funds to the IT and telecom sector.
  • India has come forward to improve cooperation in 5G technologies, telecom security and submarine optical fibre cable systems.
  • India released Simplified Other Service Provider (OSP) guidelines to enhance the ease of doing business in the IT Industry, BPO and IT-enabled Services in 2020.

What Do We Do?

The Humanity Welfare Council focuses on the nation's growth by strengthening the IT sector to create more job opportunities for the youth. HWC is participating in making India digitally enabled through Project Greybook. We believe that India's liberalization was possible due to its IT industry and Digitization. The IT sector is an employment hub for the youth of India. Therefore, strengthening the IT sector means empowering the youth of the nation.

The rapid advancement within the IT industry and liberalization policies such as reducing trade barriers and eliminating import duties on technology products are influential in the growth of this industry.

Also, different other initiatives like setting up Software Technology Parks (STP), Export Oriented Units (EOU), Special Economic Zones (SEZ) and foreign direct investment (FDI) have improved the IT industry in reaching a presiding position worldwide.

We all expect IT services to recover sooner or later, showing the sector's resilience even though the pandemic has severely damaged the economy. To boost the Indian economy, HWC is fueling India's IT sector with apt policies, technical advancement, and innovative strategies, which is of utmost importance. Moreover, stable IT policies, massive allocation of technological resources in backward areas are needed to foster sustainable development.

India has demonstrated its capabilities in delivering both on-shore and offshore services to global customers. Furthermore, emerging technologies now offer an entirely distinct range of opportunities for top IT firms in India.

So let's join hands to strengthen the IT sector for the economic development of India.

India has emerged as the second-fastest digital adopter among seventeen major digital economies. This rapid growth helps propel India to the forefront of digital and technological innovation, particularly leveraging the energies of the country's young population.

HWC focuses on the nation's growth by strengthening the IT sector to create more job opportunities for the youth. We are participating in making India digitally enabled through Project Greybook.

India has demonstrated its capabilities in delivering both on-shore and offshore services to global customers. Furthermore, emerging technologies now offer an entirely distinct range of opportunities for top IT firms in India.

If you are willing to serve society and support us in fulfilling this dream of a developed nation, you can be a member of HWC as an individual or an organization at https://www.hwcindia.org/members, or you can make a donation at https://www.hwcindia.org/donate. Your support is appreciated and much required for the success of our projects and programs.