Over 3 lakh professionals working in Indian IT-ITeS sector: Govt

The Indian IT-ITes has witnessed progressive growth in the last financial year with about 3.13 lakh IT professionals catering to domestic and international markets during the period, Parliament was informed today.

The IT-ITeS sector was able to secure new projects from various countries during the 2013-14 fiscal, Communication and IT Minister Ravi Shankar Parsad said in a written reply to Rajya Sabha.

Mutual funds have shown greater preference for banking stocks. Reuters image

Mutual funds have shown greater preference for banking stocks. Reuters image

Quoting industry body Nasscom data, he added the export revenue of the industry is estimated at $80.6 billion during 2013-14 fiscal against $75.8 billion in 2012-13 fiscal, registering an increase of 13.1 percent.

The Minister said 2.45 lakh IT professionals are working for international markets, while 6,80,000 professionals are employed in the country.

"According to Nasscom, no data is available in regard to per capita income of such professionals on a country basis," he added.

Besides, the government is also taking steps to help in the growth of the sector.

Commerce Ministry is helping small and medium sized IT firms to secure new projects through the Marketing Development Assistance (MDA) and Market Access Initiative (MAI) schemes, Prasad said.


Firstpost is now on WhatsApp. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Just go to Firstpost.com/Whatsapp and hit the Subscribe button.

Updated Date: Jul 18, 2014 18:07:57 IST

Also See