Namaste Bharat

IT sector came into existence much after India’s Independence, the IT-ITeS sector today has come a long way to become one of the strongest pillars of the foundation of 21^st century India. India is the leading sourcing destination across the world, accounting for approximately 55% market share of the US$ 200-250 billion global services sourcing business in 2019-20. Indian IT & BPM companies have set up over 1,000 global delivery centers in about 80 countries across the world. India has become the digital capabilities hub of the world with around 75% of global digital talent present in the country. Market Size

IT-BPM industry’s revenue was estimated at around US$ 191 billion in FY20, growing at 7.7% y-o-y. It is estimated to reach US$ 350 billion by 2025. The domestic revenue of the IT industry was estimated at US$ 44 billion and export revenue was estimated at US$ 147 billion in FY20.

Unfortunately, Bihar has failed miserably to take an advantage of India’s growth journey. Covid-19 provides another opportunity to Bihar to board the missed train of economic liberalisation and IT reforms.

Unfortunately, Bihar has failed miserably to take an advantage of this growth journey. Covid-19 provides another opportunity for Bihar to board the missed train of economic liberalization and IT reforms. India has vast untapped potential in Tier-2 and even Tier III locations which have the potential to be unlocked with the emergence of a distributed workforce which Covid19 has created. It’s high time for Bihar to capitalize its young demography, Bihar’s  Atma Nirbhata would be incomplete without IT Revolution.