• 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