Electronics and Information Technology is the fastest growing segment of the Indian Industry both in terms of production and export. Today, the electronics industry is completely de-licensed with the exception of aerospace and defence electronics. Along with the liberalization in foreign investment and export-import policies of the entire economy, this sector is attracting considerable interest not only as a vast market but also as a potential production base by/for international companies.
In recent times, 'Software Development and IT Enabled Services' have emerged as a niche opportunity for India in the global context. The Government is taking all necessary steps to make India, a global information technology superpower and a front-runner in the age of information revolution. The Government has announced promotion of Information Technology as one of the top five priorities of the country and has constituted a National Task Force on Information Technology and Software Development.