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Move over IT – Business Standard

software and information technology, IT firms, IT services

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Illustration: Binay Sinha

Different enterprise providers (OBS) may grow to be India’s subsequent main export powerhouse by 2030, surpassing the software program and data expertise (IT) providers sector. It’s the new star quietly rising on India’s providers exports scene.

OBS encompasses providers that assist numerous enterprise operations, resembling enterprise consultancy, engineering, and analysis & design (R&D). Additionally they cowl promoting, public relations, market analysis, logistics, accounting, auditing, architectural and authorized providers, and plenty of others.

In monetary yr (FY) 2022-23, India exported software program and IT providers price $150 billion (20 per cent of the worldwide share) and OBS price $80 billion (4.2 per cent

Disclaimer: These are private views of the author. They don’t essentially mirror the opinion of www.business-standard.com or the Enterprise Normal newspaper

First Printed: Jul 17 2024 | 8:49 PM IST

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