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>> And as much you want to tout IT services, overall GDP contribution is 11.47% and pharma is 1.72%. Someone has told me that the remittances from India to US i
by sifar 1y ago
>> And as much you want to tout IT services, overall GDP contribution is 11.47% and pharma is 1.72%. Someone has told me that the remittances from India to US is 3%. All that combines to less than 19% contributed by agriculture.
That is the direct GDP contribution of IT/allied services. The indirect societal contribution is significant. Most real estate in big cities, transportation, food and other services rely on the IT industry. Expect a lot of pain in India when this is impacted.