Question : Revenue from IT Sector

Will the Minister of Electronics & Information Technology be pleased to state: -

(a) the steps taken by the Government to increase the revenue from the Information Technology (IT) sector during each of the last two years and the current year;
(b) whether the Government plans to increase the domestic manufacturing of electronic components in view of competition from other countries in IT sector; and
(c) if so, the details thereof ?

Answer given by the minister

(a) to (c): As per National Association of Software and Services Companies (NASSCOM), the Indian IT-ITeS industry revenue is estimated at USD 151.0 billion in FY2017-18 as compared to USD 141.0 billion in FY2016-17 and USD 129.0 billion in FY2015-16, registering Year-on-Year growth of around 7.0%. The Government has taken a series of steps and initiated programmes under the Digital India Initiative for growth of the Information Technology (IT) sector. These include steps to increase domestic Electronic production, BPO promotion schemes for creation of employment opportunities and promotion of BPO/ITeS operations across the country particularly in small cities/towns including rural areas, creating new IT export markets under Market Development Initiatives (MDA) in China and Japan, re-skilling and up-skilling of IT workforce in new and emerging IT technologies, setting up incubation facilities and Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA) to bring digital inclusion.

The step taken by the Government to improve domestic manufacturing include Phased Manufacturing Programme (PMP), the Modified Special Incentive Package scheme (M-SIPS), the Electronics Manufacturing Clusters (EMC) programme, and the Electronics Development Fund (EDF). Also, Research and Development (R&D) initiatives have been launched for “Chip to System”, “India Microprocessor”, Nano-Electronics and Micro-Electronics.

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