(a) and (b): Yes, Sir. The new and emerging technologies such as Data Science, Internet of Things (IoT), and Artificial Intelligence (AI) including Robotic Process Automation and Machine Learning have opened new avenues of employment for the past few years. These are also leading to major re-skilling/ up-skilling of IT professionals by the industry.
The Indian IT-ITeS industry remains net hirer. According to Industry body NASSCOM, the number of total employees in FY2015-16 were nearly 36,90,000. The number of employees have nearly become 39,68,000 in FY 2017-18, an addition of 1,05,000, from 38,63,000 in FY 2016-17. Besides, the Government initiatives such as Common Service Centres (CSCs), BPO Promotion schemes, Electronic Manufacturing, Digital Payments, and Digital Saksharta Abhiyaan have generated over 15 lakh additional jobs over the last two years.
(c): The corresponding growth in quantum of revenue in IT sector in the last three years is as under:
Year USD in Billion Growth rate
2017-18E 167 ~ 8%
2016-17 154 7.8 %
2015-16 143 8.5 %
2014-15 132 8.3%
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