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Nasscom pegs FY20 revenue growth for IT sector at 7.7% at $191 billion

Nasscom Chairman Keshav Murugesh said "revenue of the software and business process management industry will clip at 7.7 per cent to USD 191 billion"

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Press Trust of India Mumbai
Industry body Nasscom has projected a revenue growth of 7.7 per cent at USD 191 billion for the IT sector in the ongoing fiscal.

The industry body had last fiscal discontinued an over two decade-old practice of forecasting revenue growth, citing the fast changing dynamics of the industry and accordingly did not offer its annual growth target for FY20, terming it as "a philosophical shift as the landscape changes".

Addressing the media at the annual Nasscom leadership forum here on Wednesday, Nasscom Chairman Keshav Murugesh said "revenue of the software and business process management industry will clip at 7.7 per
Topics : Nasscom