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The information technology, telecom and electronics industry has witnessed explosive growth over the last decade, marked by government encouragement and a spate of recent innovations. The introduction of mobile devices such as smartphones and tablets has led to huge growth prospects for the global electronics industry. On the other hand, high-end telephony services and the Internet have boosted the prospects of the global telecommunications sector.

The entire information technology, telecom and electronics industry has been heavily affected by the recent economic recession and the resultant changes in government policies. The economic slowdown has led to reduced hiring in the IT-ITES sectors, following the steady decline in revenue generation. However, of late, the industry has been posing a slow but steady recovery, particularly in the emerging markets of the world.