The total revenue generated by the IT and BPM industry in India reached 245 billion U.S. dollars in 2023. The general upward trend during the presented period was mainly generated by the massive wave of outsourcing from foreign companies.
The South Asian country Is the largest process management destination worldwide. With the potential to harness new technologies, the industry can generate huge employment and revenue opportunities. Being the largest organized sector for job creation, the sector was estimated to contribute a share of about ten percent to the GDP by 2025.
Revenue of the information technology and business process management industry in India from financial year 2016 to 2023, with estimates until 2024
(in billion U.S. dollars)
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Revenue in billion U.S. dollars
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MeitY (India). (June 7, 2024). Revenue of the information technology and business process management industry in India from financial year 2016 to 2023, with estimates until 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/320764/total-revenue-it-industry-india/
MeitY (India). "Revenue of the information technology and business process management industry in India from financial year 2016 to 2023, with estimates until 2024 (in billion U.S. dollars)." Chart. June 7, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/320764/total-revenue-it-industry-india/
MeitY (India). (2024). Revenue of the information technology and business process management industry in India from financial year 2016 to 2023, with estimates until 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/320764/total-revenue-it-industry-india/
MeitY (India). "Revenue of The Information Technology and Business Process Management Industry in India from Financial Year 2016 to 2023, with Estimates until 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Jun 2024, https://www.statista.com/statistics/320764/total-revenue-it-industry-india/
MeitY (India), Revenue of the information technology and business process management industry in India from financial year 2016 to 2023, with estimates until 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/320764/total-revenue-it-industry-india/ (last visited August 25, 2024)
Revenue of the information technology and business process management industry in India from financial year 2016 to 2023, with estimates until 2024 (in billion U.S. dollars) [Graph], MeitY (India), June 7, 2024. [Online]. Available: https://www.statista.com/statistics/320764/total-revenue-it-industry-india/