New Delhi, Feb. 26 -- India's technology sector, now a USD 300 billion industry contributing 7 per cent to national GDP, must pivot toward intellectual property-led and platform-driven segments to capture a greater share of the USD 8.4 trillion global technology market, according to a new Boston Consulting Group (BCG) report.
India Tech Inc now generates over USD 200 billion in exports and employs nearly 5.8 million people, with Indian IT services firms commanding 15-17 per cent of the global IT consulting and services market. However, the report notes that IT-enabled services account for just 17 per cent of global tech revenues, while 83 per cent lies in faster-growing areas such as hyperscale cloud platforms, semiconductors, software, ...
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