Insta
Indian IT-BPM Industry To Grow At Over 8 Per Cent In 2017, Says Nasscom
Indian operators take calls at Quatrro call-centre in Gurgaon. Photo credit: FINDLAY KEMBER/AFP/GettyImages
The Indian IT-BPM industry is poised to grow at 8-10 per cent in the financial year 2017, demonstrating sustained growth despite global headwinds, IT industry's representative organisation Nasscom said on Wednesday.
According to the guidance, India will continue to gain market share which is currently at 7 per cent of global software and IT services and 56 per cent of global sourcing. Driven by strong and stable fundamentals, Nasscom reiterated that the long-term opportunity and potential for the industry remain unchanged, with a vision to achieve $350 billion by 2025.
The Indian IT-BPM industry will receive 14 per cent revenues from digital solutions - four times the growth since 2014. Software and IT services globally are set to grow at a healthy pace of 7.2 per cent and 4.4 per cent, respectively in 2017.
With inputs from IANS
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
