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IT growth rate to rebound in three quarters: Nasscom

It attributed the reason to changing externalities

Dillip Satapathy & Nirmalya Behera  |  Bhubaneswar 

Software industry lobby National Association of Software and Services Companies (Nasscom), after revising its growth forecast for the information technology (IT) sector downwards to 8-10 per cent for this year, is hopeful that the growth rate will rebound in next three quarters. While lowering the growth rate projections for software and back offices sector earlier this month, within seven months of the April forecast of 10 to 12 per cent for the current financial year in constant currency, Nasscom had attributed the reason to the changing externalities. "The external change ...

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IT growth rate to rebound in three quarters: Nasscom

It attributed the reason to changing externalities

It attributed the reason to changing externalities Software industry lobby National Association of Software and Services Companies (Nasscom), after revising its growth forecast for the information technology (IT) sector downwards to 8-10 per cent for this year, is hopeful that the growth rate will rebound in next three quarters. While lowering the growth rate projections for software and back offices sector earlier this month, within seven months of the April forecast of 10 to 12 per cent for the current financial year in constant currency, Nasscom had attributed the reason to the changing externalities. "The external change ... image
Business Standard
177 22

IT growth rate to rebound in three quarters: Nasscom

It attributed the reason to changing externalities

Software industry lobby National Association of Software and Services Companies (Nasscom), after revising its growth forecast for the information technology (IT) sector downwards to 8-10 per cent for this year, is hopeful that the growth rate will rebound in next three quarters. While lowering the growth rate projections for software and back offices sector earlier this month, within seven months of the April forecast of 10 to 12 per cent for the current financial year in constant currency, Nasscom had attributed the reason to the changing externalities. "The external change ...

image
Business Standard
177 22