As of 2018, the ratio of profits from the corporate technology sector to India's GDP was around 0.42 percent. India has been known as a hub of information technology and evidently, the sector's contribution to the country's economy has been steadily growing over the last decade.
Overall, India’s corporate profit to GDP ratio dropped from 7.8 percent to three percent between 2008 and 2018.
Ratio of profits from the technology sector to the GDP in India from 2003 to 2018
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Motilal Oswal Group. (January 24, 2019). Ratio of profits from the technology sector to the GDP in India from 2003 to 2018 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1051171/india-technology-sector-profits-to-gdp-ratio/
Motilal Oswal Group. "Ratio of profits from the technology sector to the GDP in India from 2003 to 2018." Chart. January 24, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1051171/india-technology-sector-profits-to-gdp-ratio/
Motilal Oswal Group. (2019). Ratio of profits from the technology sector to the GDP in India from 2003 to 2018. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1051171/india-technology-sector-profits-to-gdp-ratio/
Motilal Oswal Group. "Ratio of Profits from The Technology Sector to The Gdp in India from 2003 to 2018." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1051171/india-technology-sector-profits-to-gdp-ratio/
Motilal Oswal Group, Ratio of profits from the technology sector to the GDP in India from 2003 to 2018 Statista, https://www.statista.com/statistics/1051171/india-technology-sector-profits-to-gdp-ratio/ (last visited November 21, 2024)
Ratio of profits from the technology sector to the GDP in India from 2003 to 2018 [Graph], Motilal Oswal Group, January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1051171/india-technology-sector-profits-to-gdp-ratio/
