Nasscom have said that India's information technology and IT-enabled services sectors are expected to grow 12-14% and clock export revenues of $84-87 billion in the next fiscal year.
“Increase in global technology spending and opportunities created through adoption of disruptive technologies are expected to propel growth," the National Association of Software and Services Companies (Nasscom) said in a statement.
“Nasscom expects the industry to clock export revenues of $84-87 billion maintaining a growth rate of 12-14 per cent.
“The Indian IT-BPM industry has demonstrated resilience and agility in the past year. Technology has today become an integral enabler for growth across all sectors and the industry is continuously evolving and innovating to emerge as a strategic partner to its customers.”
Exports from the industry, which counts the US and Europe as its biggest markets, were estimated to have grown 10.2% to $75.8 billion.
Given the economic uncertainty, Nasscom had predicted growth in the sector to be between 11-14% and later said only the lower end of the target would be met.
12/02/2013 By Daniel Hunter |internationaltrade.co.uk|
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