World Information

  IT Sector India This fast-growing part of India's IT sector will require 5 lakh professionals. India's software-as-a-service industry could reach $1 trillion in value and create nearly half million new jobs by 2030 as businesses around the world accelerate digitization and automation, according to a new study.   The Indian information technology (IT) industry is expected to touch $300-350 billion in terms of revenue over the next five years, McKinsey has stated in its yet-to-be-released report. This means the industry will clip a growth rate higher than the 7.5 per cent that it has been growing in the last five years. Tata Consultancy service [TCS] is the No 1 IT co

  INDIAN PORTS INVESTMENTS INDIAN PORTS INVESTMENTS :-                                                             According to the Ministry of Shipping, around 95% of India's trading by volume and 70% by value is done through maritime transport. In November 2020, the Prime Minister, Mr. Narendra Modi renamed the Ministry of Shipping as the Ministry of Ports, Shipping and Waterways.   In FY20, major ports in India handled 704.82 million tonnes of cargo traffic, implying a CAGR of 2.74% during FY16-20. Thirteen major ports  in the country handle a lot of volume of container and cargo traffic. On the west coast, there are the  ports  of Mumbai, Kandla, Mangalore, JNPT, Mormugao, and Cochin. The ones on the east