Consequently, India is becoming the biggest service provider in this sector.
Modern civilization has become so complicated and sophisticated that one has to be competitive enough to survive.
This compels people to keep themselves informed of all Types of happenings in the society.
But with cut throat competition in mobile communication market among different companies, tariff rates fell down speedily.
Now cell phone industry in India is among the fastest growing industries with thousands of customers adding to it everyday.
It has a highly reputed workforce in the IT industry which is on high demand all over the world.
In 1992, when the Government tried to introduce IT in India, huge public protest were carried out because people thought that it would increase unemployment which was already at a very high rate at that time. Its benefits can be best summarized under the following heads.
Security, nowadays, is the matter of topmost concern for every department, especially for defence forces.
So now security of secret data is on high risk, particularly for armed forces since terrorists are trying their secret files.
Because of India’s cheap, fast and best services, foreign MNCs are getting attracted towards India.
The Business Process and Outsourcing (BPO) sector has generated large number of employment opportunities in India.