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what are the role of information technology in indian economy?


Discuss what are the role of information technology in indian economy? within the General Talks forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Information technology (IT) is playing a crucial role in contemporary society. It has transformed the whole world into a global ...

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what are the role of information technology in indian economy?
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Kamini Bharti
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what are the role of information technology in indian economy? - October 29th, 2011

Information technology (IT) is playing a crucial role in contemporary society. It has transformed the whole world into a global village with a global economy, which is increasingly dependant on the creative management and distribution of information. Globalization of world economies has greatly enhanced the values of information to business organizations and has offered new business opportunities.

Today, IT provides the communication and analytical power that organizations need for conducting trade and managing business at global level with much ease. To coordinate their worldwide network of suppliers, distributors and consumers, organizations have developed global information systems that can track orders, deliveries, and payments round the clock. This has been possible because of the development of IT in its present form. In the broadest sense, information technology refers to both the hardware and software that are used to store, retrieve, and manipulate information. At the lowest level you have the servers each with an operating system. Installed on these servers are things like database and web serving software. The servers are connected to each other and to users via a network infrastructure. And the users accessing these servers have their own hardware, operating systems, and software tools.

In the last two decades, the Indian IT/ITES industry has contributed significantly to Indian economic growth in terms of GDP, foreign exchange earnings and employment generation. The industry has been the trigger for many "firsts" and has contributed not only to unleashing the hitherto untapped entrepreneurial potential of the middle class Indian but also taking Indian excellence to the global market.

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Dr.Naga Rathinam
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Re: what are the role of information technology in indian economy? - October 29th, 2011

Most of the IT jobs available for people here are outsourced ones, evidently helping the economy in a better way.
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Samir Singh
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Re: what are the role of information technology in indian economy? - January 9th, 2013

Mr Anand Sharma, Minister of Commerce, Industry and Textile, Government of India shares his views on the recent economic reforms. Check out the view of Anand Sharma on Indian Economy ibef.org/resources/perspectives.aspx
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Re: what are the role of information technology in indian economy? - January 12th, 2013

Information technology (IT) is playing a crucial role in contemporary society. It has transformed the whole world into a global village with a global economy, which is increasingly dependant on the creative management and distribution of information. Globalization of world economies has greatly enhanced the values of information to business organizations and has offered new business opportunities.
Today, IT provides the communication and analytical power that organizations need for conducting trade and managing business at global level with much ease. To coordinate their worldwide network of suppliers, distributors and consumers, organizations have developed global information systems that can track orders, deliveries, and payments round the clock. This has been possible because of the development of IT in its present form. In the broadest sense, information technology refers to both the hardware and software that are used to store, retrieve, and manipulate information. At the lowest level you have the servers each with an operating system. Installed on these servers are things like database and web serving software. The servers are connected to each other and to users via a network infrastructure. And the users accessing these servers have their own hardware, operating systems, and software tools.
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Reena Dapat
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Re: what are the role of information technology in indian economy? - August 27th, 2014

thanks for uploading and sharing your projects with others..
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Business Education
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Re: what are the role of information technology in indian economy? - June 1st, 2015

Information technology plays very vital role in Indian Economy. Information Technology has bought everyone closer and connected us globally. Without Information Technology, development of the economy can't take place. here are some advantages of Indian Economy. After looking at the advantages, you will definitely get to know about why it is important.

Advantages of Information technology

Increases production and saves time
Improves communication through communication technology
Storing and Protecting Information
Automated Processes
Work Remotely
Communication
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Jiten Mazee
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Re: what are the role of information technology in indian economy? - December 31st, 2015

The role of information technology in indian economy is very crucial. It has enhanced the communication system, increases employment opportunities and many more. I am uploading a presentation which will describe the importance of IT in Indian economy nicely.
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File Type: ppt role of information technology in indian economy.ppt (266.0 KB, 0 views)
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