• India has established itself as the preferred destination for IT services, leveraging its cost advantage and vast talent pool.

• Currently, India dominates the global service sourcing market, serving 57% of the world's IT demand.

• The IT sector is constantly evolving, generating significant export revenue for the country.

• With its strong position in the industry, India is considered the leading sourcing destination worldwide.

• This growth trajectory, driven by increasing foreign exports, is anticipated to deliver reasonable returns to investors in the IT sector over the long term.

• You can participate in the growth of the IT sector by investing in Aditya Birla Sun Life Nifty IT ETF that invests in IT companies and seeks to deliver returns that are commensurate with the performance of Nifty IT TRI.

Source: https://www.investindia.gov.in/sector/it-bpm ; https://economictimes.indiatimes.com/tech/information-tech/indian-tech-sector-growth-slows-in-fy23-ceos-cautiously-optimistic-about-future-nasscom/articleshow/98334842.cms?from=mdr

Data as on March 2023.