Assessment Of IT/ITeS Industry In Madhya Pradesh: A Study To Develop Investment Friendly State IT Policy
- Published Date: 29-09-2021
In India, Information Technology has emerged as a promising sector due to its high contribution in generating employment, earning revenue and getting cross cutting technologies which earns recognitions in the global market. This is the reason that government is taking major initiatives to bank upon the goodwill already created by the Indian diaspora in international market. Keeping with similar objectives in the last one decade, Government of Madhya Pradesh has taken major initiatives to promote and attract investments in IT sector by developing new IT parks, announcing progressive state IT/ITeS and ESDM policy namely Madhya Pradesh IT, ITeS & ESDM Investment Promotion Policy, 2016” with further amendments in 2019, streamlining ease of doing business, improving the manpower talent pool etc., however the state still is not considered as a lucrative region for IT investment by large companies. The state still does not have an anchor unit to bank upon.