The state government is keen to rope in IT and BPO (Business Process Outsourcing) firms who are keen to expand footprint but mindful of the costs of organic growth
The growth will be at par with the 9.1 percent growth achieved by the sector in FY19, according to industry lobby Nasscom
Aided by currency movements, operational efficiency and automation, IT companies are expected to report improvements in EBIT margins in the January-March quarter of FY18
V Balakrishnan said Indian cos' ability to grab growth opportunities is critical
The technology industry in the country started as a services business to handle outsourced work from Western organizations