Friday, 24 March, 2023

India’s IT Sector to Grow 7.7% in FY20: NASSCOM 

<p>IT Industry body NASSCOM said the Indian IT-BPM sector grew 7.7% in FY20, with exports reaching $147 bn. IT sector, NASSCOM said, had a cumulative revenue of $191 bn and added 205,000 jobs in FY20. However, it is &lsquo;cautiously optimistic&rsquo; about FY21. &ldquo;Any industry that delivers more than 7% growth is a strong industry. We cannot tell if this is the new normal, but when the world economy is growing at about 3% then this is good growth,&rdquo; said Nasscom President Debjani Ghosh.</p>