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Economy News Notes

Written By tiwUPSC on Thursday, February 9, 2012
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IT-BPO business set to cross $100 billion

  • The National Association of Software and Services Companies (Nasscom) expects export revenue for 2012-13 to grow by 11-14 per cent.
  • The domestic revenue is expected to grow by 13-16 per cent.
  • Terming 2011-12 a ‘landmark year', Nasscom expects the aggregate revenue for the Indian IT-BPO sector to cross $101 billion. Exports are expected to be in the vicinity of $ 69 billion, growing by 16.3 per cent over the last fiscal year.
  • Some of the factors that have been contributing to this growth include new business models, organisation efficiencies, services around disruptive technologies such as cloud, mobility, analytics and social media, and flexible product portfolios
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