Sunday, 3 December, 2023

IT industry in India to touch $300-350 bn in 5 years: McKinsey

<p>The Indian IT industry is likely to hit $300-$350 bn revenue over the next five years growing 10% a year, according to a yet-to-be-released report by McKinsey &amp; Company. The growth is much higher for the $194 bn industry which grew 7.5% over the last five years. This growth will come primarily from digital services, which currently accounts for 30% of the total revenue, but expected touch 50% in next five years to hit $170 to $200 bn of revenue.</p> <p>&nbsp;</p>