What is the importance of the Information Technology sector for the Indian economy? Explain.

 

Answer:

Points to remember

Answer to be written

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The Information Technology sector has played a significant role in the Indian economy because of the following reasons:

  • IT sector has provided employment generation to many individuals.
  • Indian IT sector has attracted many foreign companies and has been successful to become a major foreign exchange earner .
  • It has also helped in the growth of the service sector .

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