Economic Analysis of IT Sector:
- Economic growth-India has grown a lot more in the last 20 years than it id in the previous 20. This it self shows that the growth has been due to newer technologies coming into the country. Hence IT is the key-driving factor in this.
- Interest rates & monetary policies.
- Government spending.
- Unemployment policy-unemployment in the IT sector is just as high as the employment rate is. The personnel turnover in It sector is amongst the highest among all service industries.
- Taxation
- Exchange rates
- Inflation rates
- Stage of the business cycle
- Consumer confidence
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