Feb 11
Java accounts 2.1% of Indian GDP
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A report called “Java Economy in India: A Pessimistic Estimate“, conducted by Prof Rajanish Dass and Prof Rashi Goyal of the Indian Institute of Management, Ahmedabad, has estimated the size of Indian Java economy at $14.65 billion for 2006, up from $11.27 billion a year ago.
That’s 2.1% of India’s GDP, expected soon to account for 2.5%. The total revenues of the Indian IT sector during 2005-06 were a little over $37 billion, of which over $10 billion were Java-related.
The IT software and services employment was estimated at 1.3 million at the end of 2006. Of these, nearly 50% are Java programmers. Indian Java economy accounts for 10-15% of the world’s Java economy.
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