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The Information Technology industry in India has increased its contribution to India's GDP from 6.1% in 2009-10 to 6.4% in 2010-11. According to NASSCOM, the IT–BPO sector in India aggregated revenues of US$ 88.1 billion or Rs. 4.4 lakh crores in FY2011.
The combination of several factors makes India an attractive country for foreign investors and in particular for foreign investment for internet-based businesses. India is the 5th largest economy in the world ranking above France,…
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