Indian IT spends seen at $71.5 b in 2012
Bangalore, Oct 10, 2012, DHNS:
IT spending in India is projected to total $71.5 billion in 2013, a 7.7 per cent increase from the $66.4 billion forecasted for 2012, said a Gartner report.
“India like other emerging markets continues exercising strong momentum despite inflationary pressures and appreciation of local currencies, which are expected in rising economies,” Gartner Senior Vice-President and Global Head of Research Peter Sondergaard said.
The telecommunications market is the largest IT segment in India with spending forecasted to reach $47.8 billion in 2013, followed by the IT services market with spending of $10.3billion.
