Question

Consider the following major components of the ITES industry:
$1.$ IT Services
$2.$ Business Process Outsourcing (BPO)
$3.$ Engineering Services and R and D
$4.$ Software Products
Which of the statements given above are the major components of the ITES, Industry in India?

• A. $1,2,3$ and $4$
• B. $1,2$ and $3$
• C. $2,3$ and $4$
• D. $1$ and $2$

Answer 1

The correct option is A $1,2,3$ and $4$

ITES industry is divided into the following components - IT services, business process outsourcing (BPO), software products and engineering services R&D. Its market reached a total of $1.2 billion in 2016-17. India is the world's hottest exporting destination of ITES, and forms 55% of the world share.