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India’s IT Sector Grows Twice as Fast as Economy – ToI

Industry body Nasscom said revenue is estimated to rise by 15.5% to $227 billion in 2021-22, based on the performance of the first nine months


India IT sector
Employees walk in front of a pyramid-shaped building on the Infosys campus in the Electronic City area of Bangalore. Photo: Reuters

 

India’s technology sector is expected to grow at almost twice the rate of the national economy this financial year, The Times of India reported.

Industry body Nasscom said sector revenue is estimated to rise by 15.5% to $227 billion in 2021-22, based on the performance of the first nine months of the year. India’s gross domestic product is expected to grow 8-9%.

Read the full report: The Times of India

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.