This sector is the biggest employment generator and has spawned the mushrooming of several ancillary industries such as transportation, real estate and catering, Security, Housekeeping etc. Direct employment in the IT services and BPO/ITeS segment is estimated to reach 5.43 million in FY 2023-2024 (E) with an addition of 60,000 people (consisting of ~ 36 percent women employees).
| Description | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 (E) |
|---|---|---|---|---|---|
| Employment (In Millions) | 4.36 | 4.47 | 5.1 | 5.37 | 5.43 |
| Net Addition | 205000 | 138000 | 445000 | 290000 | 60000 |
