Bird’s eye view of the Indian IT industry

• In FY20, Indian IT-BPM industry generated $191bn revenue (75% from export) and employed >4.3mn people

• Indian IT industry provides IT services, Engineering R&D, Products and Business Process Management services

• Geography-wise, the USA contributes around 2/3 of India’s IT revenue followed by Europe

• Indian IT industry, which flourished during Y2K crisis, has grown from $4bn in 1999 to current level of $191bn and accounts for ~55% of global outsourcing market

Source: Reliance Securities

By Parth Chhaparwal

Incoming Associate Consultant at Bain & Co.