NASSCOM has informed that the growth of IT industry would come down and will be from 10% to 12%.
NASSCOM explained that the decrease in growth can be partly attributed to the fluctuations in US Dollar – Indian Rupee exchange rates.
The advent of new companies, the recent rapid growth trend in digital technology,etc will be the reason leading to IT Exports of US $ 10780 Crores.
If we include the domestic sales of software and the hardware, the total value of IT Industry will be US $ 14300 Crores.
NASSCOM President P V R Mohan Reddy informed that the growth of start-ups and e-commerce industry will pave the way for a good increase in the revenue of IT industry.
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