Friday, 24 March, 2023

Nasscom reports that the IT industry has crossed $200B in sales, with $30B added in the last year

<p>According to the Nasscom Strategic Review the Indian IT services market increased by $30B last year and surpasses $200B in revenue in 2021. The IT services business has grown to $227B in revenue and employs over 5M people. The industry has added $100B in ten years; the first $100B took 30 years,&rdquo; said president, Nasscom. During FY22, the industry added a total of 4.5L new hires, the greatest number ever in a single year, with 44% of those hired being women.</p>