The Indian information technology (IT) industry is expected to touch $300-350 billion in terms of revenue over the next five years, McKinsey has stated in its yet-to-be-released report. This means
Indian IT sector likely to hit $350 billion by 2026, says McKinsey report
McKinsey also pointed that tech business models are reshaping worldwide and IT industry need to refocus
 "services, PMI, IT industry, jobs, employees, firms, company")
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The report said that growth in cloud and digital will also see accelerated decline in the traditional services at 8-10 per cent per annum compared to the 3-4 per cent seen in the last five years.
Topics : Indian IT industry McKinsey report Cloud services Digital services Tech sector IT Services industry
First Published: Feb 18 2021 | 8:58 PM IST
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