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NASSCOM Estimate: IT Export growth will be 10-12 percent
Posted on: 06/Feb/2016 6:35:57 PM
ASSCOM has informed that the growth of IT industry would come down and will be from 10 percent to 12 percent.
NASSCOM explained that the decrease in growth can be partly attributed to the fluctuations in US Dollar - Indian Rupee exchange rates.
The advent of new companies, the recent rapid growth trend in digital technology,etc will be the reason leading to IT Exports of US $ 10780 Crores.
If we include the domestic sales of software and the hardware, the total value of IT Industry will be US $ 14300 Crores.
NASSCOM President P V R Mohan Reddy informed that the growth of start-ups and e-commerce industry will pave the way for a good increase in the revenue of IT industry.
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