Press Esc to close
Saturday 25 February 2017
News updated at 9:26 AM IST
Weather
Max: 35.5°C
Min : 19.7°C
In Bengaluru
clear sky

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
A young leopard in a box in the zoo in Eberswalde, Germany...

A young leopard in a box in the zoo in Eberswalde, Germany...

Devotees performing pooja to Lord Shiva at Shiva Temple, old airport road, on the occasion...

Devotees performing pooja to Lord Shiva at Shiva Temple, old airport road, on the occasion...

Emma Watson arrives for the Beauty And The Beast Premiere...

Emma Watson arrives for the Beauty And The Beast Premiere...

Army jawans firing air shots to pay tributes to L/NK Ghulam Mohi ud din Rather during...

Army jawans firing air shots to pay tributes to L/NK Ghulam Mohi ud din Rather during...

The yet unnamed polar bear cub and its mother Giovanna explore the open air enclosure...

The yet unnamed polar bear cub and its mother Giovanna explore the open air enclosure...

Devotees offering prayers to lord Rameshwara on the occasion of 'Shivaratri' at Rameshwara Swamy...

Devotees offering prayers to lord Rameshwara on the occasion of 'Shivaratri' at Rameshwara Swamy...

A cow stands with the cow photographer in front a screen in Verden, Germany...

A cow stands with the cow photographer in front a screen in Verden, Germany...

A boy carrying his grand father for casting during the 4th phase of assembly elections...

A boy carrying his grand father for casting during the 4th phase of assembly elections...

NSUI activists participating in peace unity march at Delhi University in New Delhi...

NSUI activists participating in peace unity march at Delhi University in New Delhi...

A man dressed as Hindu Lord Shiva performs during a religious procession ahead of the Hindu...

A man dressed as Hindu Lord Shiva performs during a religious procession ahead of the Hindu...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523