Press Esc to close
Wednesday 29 June 2016
News updated at 3:27 AM IST
Weather
Max: 27.2°C
Min : 20.8°C
In Bengaluru
Rain lightly

IT will meet lower end of forecast, says Nasscom

Bangalore,Nov 14, 2012 dhns:

The National Association of Software and Services Companies (Nasscom) said that the Indian IT industry is expected to meet the lower-end of its 11-14 per cent growth guidance and at least achieve a double-digit growth.

The estimate is based on its analysis on the Indian IT-BPM sector’s outlook for the fiscal year 2013 based on industry performance for the first half year and global technology spending trends.

Amidst a volatile and challenging global economic environment, the India IT-BPM industry has sustained its growth trajectory during the year.

Nasscom Chairman and CEO & MD of TCS, N Chandrasekaran, said, “The industry performance for the past half-year has demonstrated the sector’s ability to innovate and deliver in enabling growth of customer businesses in challenging times.”

He added that changing business models, solutions around disruptive technologies and verticalised structures are enabling the industry to emerge as a strategic partner for their customers.

Nasscom President Som Mittal said, “The IT-BPM industry continues to be a growth sector for India demonstrating double-digit growth. The industry continues to reinvent itself – expanding the market, building new capabilities and a globalised model.”


Go to Top

Photo Gallery
Fans holds an national soccer team jersey with the name and number of Lionel Messi...

Fans holds an national soccer team jersey with the name and number of Lionel Messi...

Virat Kohli interacts with children at the launch of Stepathlon Kids...

Virat Kohli interacts with children at the launch of Stepathlon Kids...

Pope Francis, left, and retired Pope Benedict XVI embrace during a ceremony...

Pope Francis, left, and retired Pope Benedict XVI embrace during a ceremony...

Horse-mounted Policemen seen at a road in Kolkata...

Horse-mounted Policemen seen at a road in Kolkata...

An egret takes off in New Delhi on Tuesday...

An egret takes off in New Delhi on Tuesday...

A typist attends a customer at a street flooded after heavy rains outside Court complex...

A typist attends a customer at a street flooded after heavy rains outside Court complex...

Muslims prays inside a mosque during the fasting month of Ramadan in Mumbai...

Muslims prays inside a mosque during the fasting month of Ramadan in Mumbai...

Army persons move towards the house where a Hizbul Mujahideen militant was hiding...

Army persons move towards the house where a Hizbul Mujahideen militant was hiding...

Bollywood actor Arjun Kapoor gestures at an awareness campaign for road safety....

Bollywood actor Arjun Kapoor gestures at an awareness campaign for road safety....

Delhi CM and AAP convener Arvind Kejriwal is welcomed by fishermen community...

Delhi CM and AAP convener Arvind Kejriwal is welcomed by fishermen community...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523