Downtrend of Information Technology revenue forecast!
Posted on: 04/Sep/2015 3:53:50 PM
With the recent depreciation of European currencies, Nasscom has observed that the revenue earned from the industry of Information Technology will reduce.
Nasscom Head Mr. R. Chandrasekhar informed that there would be reduction of revenues by 12% to 14% in the current financial year.
Around 20% of the $ 150000 Crores earned as revenue by IT sector, around 20% is from the European countries. Revenue from North America is 70%.
