1.

What are software technology parks? State any two points of significance of Information Technology (IT) Industry in India.

Answer»

Software technology parks are export oriented zones where software technology firms set up offices for development and export of computer software and professional services. In India, software technology parks are managed by the Software Technology Parks of India, a government agency. There are software technology parks across many cities of India. They also provide single window service and high data communication facility to software experts.

The following are the significant impacts of the information technology industry in Indian economy:

  • It has led to creation of large number of jobs.
  • It has brought foreign exchange in the country and has become a large contributor to the total exports of the country.
  • More than 30 percent of the workforce in this sector consists of women, which is an encouraging sign.


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