The Indian Government plans to increase revenues of the IT and ITeS industry from $88 billion at present to $300 billion by 2020.
The Government of India aims to create a pool of 10 million skilled manpower for the IT world, said Kapil Sibal, minister of communications and information technology. The minister released the Draft National Policy on Information Technology, 2011 on Friday.
Speaking at the occasion, Sibal said, “Information Technology is a key driver of an increasingly knowledge-based global economy, and given its current global position in the IT and ITeS sector, India is well positioned to enhance and leverage its existing IT capabilities for a leadership role. The technology has transformational power, and it is a great leveler of opportunity within and across economies.” With the right policies and investment in infrastructure, he said, we have the opportunity to strengthen and enhance our position as a global IT powerhouse. On the domestic front, use of IT in all sectors can transform our economy, enhance equity and help the nation to rapidly improve its development indices.