India's IT exports could grow 7- 9% in 2018-19, says Nasscom

Terming the industry body's views cautiously optimistic, Chandrashekhar said he hoped the export performance of the industry would be better

The National Association of Software and Services (Nasscom), the industry body of the Indian IT and business process management (BPM) sector, on Tuesday said the country’s IT exports could grow between 7 and 9 per cent in 2018-19.

"We estimate a 7-9 per cent growth rate in IT and IT-enabled services for 2018-19. Domestic revenues may grow slightly higher at 10-12 per cent, while exports, the mainstay, may lag in 2018-19," R Chandrashekhar, Nasscom president, told reporters here at its annual India Leadership Forum.

Terming the industry body’s views cautiously optimistic, Chandrashekhar said he hoped the export performance of the industry would