When america sneezes, india catches the cold. When europe sneezes alongside it, india gets a fever. We have two regions to thank for over 70 % of our exports, us and europe. So when these regions suffer a down turn, indian ite suffers in tandim so when cowin 19 struck last year, investers hite industry were on tenter hooks. However, the pandemic actually turned out to be a blessing in disguise for the sector thanks to one major behaviora change, work from home. Here's how.
The Indian IT sector has grown from a $4 billion industry in 1999 to a $191 billion giant in 2021. And it contributes to 8% of the country’s GDP. But so far, we’ve not talked about the IT industry in this podcast. So we thought we’d change that today.