Information Technology is playing vital role in economic scenario of the country. IT has transformed the country’s image and pattern of doing work. This sector mainly comprises two major component, one is IT Services and other is BPO (Business Process Outsourcing). According to NASSCOM, the contribution of this sector toward GDP has been increased to 7.5% in 2012.

The cities touching the height of development in India are having IT sector to be one of the major sector which accelerate the wheel of growth and development of these cities. These cities are Bangalore, Chennai, Kolkata, Hyderabad, Trivandrum, Noida, Mumbai and Pune. Bangalore is leading software exporter. This makes Bangalore to be popularly known as Silicon valley of India. About 33% of the IT export is contributed by Bangalore. Where 90% of the export in IT is made by these cities mentioned above. Major Indian giant who contributing toward this are Tata Consultancy Services, Infosys, Cognizant, Wipro and HCL Technologies.

information-technologiesIT sector generate enough job opportunities, which led absorb the excess employment and newly added workforce. Thus, IT sector is providing employment to 20 lakh peoples directly and 89 lakh people indirectly. Indian IT companies are having focusing on providing the low cost solution to global clients.

Scope of IT companies

The IT and ITES (IT Enabled Services) are having the brightest scope in India. These IT and ITES are growing with increasing rate of growth. According to the recent economic survey, these IT and ITES are adding 30 lakh job opportunities in this sector. Some of the major companies that are providing good career in IT-ITES sector are – Infosys technologies, TCS, Wipro Technologies, Tech Mahindra, Persistent, Cognizant, Amdocs, Cybage, Castech, HCL technologies, Satyam Computers, Patni, Mphasis, Convergys, Firstsource solution, L&T Infotech, Genpact, Intelnet Global services etc.

Salaries of Professional in Major IT Hub

Silicon Valley of India, Bangalore is the highest paying city in the country for IT professionals. Although, the project managers are paid well and software engineers are also among those, who were enjoying the highest salaries.

Average annual salaries of IT professionals
Professions Bangalore Salary Chennai Salary Kolkata Salary Hyderabad Salary
Senior Software Engineer Rs.700000 Rs.600000 Rs.580000 Rs.400000
Software Engineer Rs.430000 Rs.320000 Rs.450000 Rs.440000
IT Project Manager Rs.1200000 Rs.1000000 Rs.1100000 Rs.1200000
SAP Consultant Rs.600000 Rs.520000 Rs.500000 Rs.575000
Software Developer Rs.390000 Rs.260000 Rs.321000 Rs.380000
Lead Software Engineer Rs.1000000 Rs.800000 Rs.750000 Rs.750000

Salaries of Global IT companies

The global giant are also very much interested in using the talented workforce of India and earn the most out of india. Some of the global giants are Google, HP, IBM, Microsoft, Juniper System, Goldman sachs, CISCO, Intel and Amazon. They are giving handsome salaries to their employee to retain the best talent of india.