The development and contribution of Indian IT sector to the World’s information Technology sector is of highest repute. IT sector in the country has played a major role in placing India on the International Map. Information technology (IT) is playing a crucial role which transformed the whole world into a global village. Information Technology (IT) is a noteworthy and developing area of the Indian Economy. From multi-national corporations (MNCs) to small businesses, Information Technology plays a significant role. This paper analyzes the Information Technology sector in India’ and its contribution on Indian Economy.