Question
Explain the impact of IT and Electronic Industries.
Solution
The impact of IT and Electronic Industries are:
(i)A major impact of this industry has been on employment generation. It is encouraging to know that 30 per cent of the people employed in this sector are women.
(ii)This industry has been a major foreign exchange earner in the last two or three years because of its fast growing Business Processes Outsourcing (BPO) sector.
(iii)The continuing growth in the hardware and software is the key to the success of IT industry in India.
(i)A major impact of this industry has been on employment generation. It is encouraging to know that 30 per cent of the people employed in this sector are women.
(ii)This industry has been a major foreign exchange earner in the last two or three years because of its fast growing Business Processes Outsourcing (BPO) sector.
(iii)The continuing growth in the hardware and software is the key to the success of IT industry in India.
