IT Industry in india - Investment hub of world

 Indian IT industry growing soo fast , as it now known as one of the largest investment hub of IT world. After the goverment support 'Digital India' it got boom in various field of IT. 

India is emerging as the hub for “Digital Skills”. Now , the country spends $1.6 bn annually on training workforce in the sector. The industry is the largest employer within the private sector, employing 3.9 million jobs to people. India is transforming into a digital economy with over 450 mn plus internet subscribers; only second to China.

source :- InvestIndia 

The sector is headed towards achieving $1 tn digital economy by 2022. If this become India will soon become 5tn economy. and will become the fastest growing economy in the world.The country has become the global digital capabilities hub with around 75% of global digital talent present in the country.

NOW , talk about latest foreign investment (FDI)

Mar 10, 2021

Singapore-based Princeton Digital Group (PDG), a data centre provider, announced its plan to build one of the largest new greenfield campuses in the Mumbai region. This will be its first data centre in India, scheduled to be service-ready in 2022. PDG’s Navi Mumbai project will have 48 MW critical IT capacity across two buildings.

• Feb 26, 2021

  German tech major Bosch Group is investing INR 800 crore to upgrade its existing campus in Bengaluru to a smart campus. It will house nearly 10,000 software engineers and will be enabled by the company's Artificial Intelligence of Things technologies.

• Feb 25, 2021

  The government of Karnataka will set up an IT park in Mangaluru on the land available with KEONICS.  

• Feb 24, 2021

  Cabinet approves Production Linked Incentive Scheme for IT Hardware. Read More

• and many more latest investment.

• • Mar 10, 2021

    Singapore-based Princeton Digital Group (PDG), a data centre provider, announced its plan to build one of the largest new greenfield campuses in the Mumbai region. This will be its first data centre in India, scheduled to be service-ready in 2022. PDG’s Navi Mumbai project will have 48 MW critical IT capacity across two buildings.

  • Feb 26, 2021

    German tech major Bosch Group is investing INR 800 crore to upgrade its existing campus in Bengaluru to a smart campus. It will house nearly 10,000 software engineers and will be enabled by the company's Artificial Intelligence of Things technologies.

  • Feb 25, 2021

    The government of Karnataka will set up an IT park in Mangaluru on the land available with KEONICS.  

  • Feb 24, 2021

    Cabinet approves Production Linked Incentive Scheme for IT Hardware. Read More

  • 
    
    
    

  • NOW , Let's talk about the industry trend 

  • After the anouncment of 5g in india the industry  is start booming from now before the arrival of 5g , recently the airtel company succesfully tested the 5g in Hyderabad through the frequency band of 4g. it's aim to launch 5g soon . Also the other telecom gaint JIO anounced to roll out the 5g last year . It's aim to launch 5g previous year but due to covid it late but now this company aquire the 70% frequency band of 5g and leading in india

  • 

• •