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Title: Govt unveils National Software Policy, eyes 3.5 million jobs by 2025
Source:Mint
Date:28 November 2016

The government has issued the draft of first ever National Software Policy with an aim to increase share of Indian software products in global market by 10 fold to estimated $148 billion and create employment opportunity for 3.5 million people by 2025. The policy will “strive for a tenfold increase in share of the global software product market by 2025 by promoting easy access to local domestic/international market for software product” and “create 3.5 million direct and indirect jobs by 2025”, the draft said.The software product industry is estimated to be $411 billion globally today and is expected to reach around $1 trillion by 2025. “However, in India the software product industry is still in its infancy stage. The total revenue of software product industry in India is $6.1 billion, out of which $2 billion is from exports,” the draft said.




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