Information Technology and Electronics Industry
The Information Technology (IT) and Electronics Industry plays a crucial role in India's economic landscape. This sector encompasses a vast range of products, from basic transistors to advanced devices like computers and radars. Bengaluru is identified as the 'Silicon Valley' of India, leading in electronic production and innovation. Other key cities include Mumbai, Hyderabad, Pune, Chennai, and Kolkata, which also contribute significantly to this industry.
Significance
This sector not only boosts the economy through technological innovation but also generates substantial employment opportunities. The continuous growth in both hardware and software development is integral to the thriving IT industry in India, fostering advancements and enhancing global competitiveness.