Government to set up national electronic mission

Software and services sector has potential to grow from USD 58.7 billion in 2009 to USD 105 billion by 2014 and USD 225 billion by 2020: Task Force

GN Bureau | August 18, 2011



Sachin Pilot, minister of state for communication and information technology, on Wednesday informed Lok Sabha in written reply to a question that the Government proposes to set up National Electronic Mission on the recommendation of Task Force on Information Technology.

The Task Force has made 198 recommendations.  The Task Force has suggested several measures for rapid growth of the industry and has outlined a roadmap for the industry in the medium and long-term. According to the Task Force, with suitable policy initiatives in place, the software and services sector has the potential to grow from USD 58.7 billion in 2009 to USD 105 billion by 2014 and USD 225 billion by 2020, with exports growing from USD 46.3 billion in 2009 to USD 82 billion by 2014 and USD 175 billion by 2020.

Similarly, the electronics hardware production in the country is projected to grow from USD 20 billion in 2009 to USD 100 billion by 2014 and USD 400 billion by 2020. This includes experts of USD 4 billion in 2009 growing to USD 15 billion by 2014 and USD 80 billion by 2020.

In the software and services sector the employment generation (direct and indirect) is projected to grow from 10.2 million in 2009 to 15.9 million by 2014 and 30.0 million by 2020 and is electronics hardware sector, it is projected to grow from 4.4 million in 2009 to 16.1 million by 2014 and 27.8 million by 2020.

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