PM Modi Praises India s IT Industry for $4 Bn Revenue Growth Amid Virus-Induced Economic Slowdown
Subscribe
Sputnik International
https://sputniknews.com/india/202102171082103024-pm-modi-praises-indias-it-industry-for-4-bn-revenue-growth-amid-virus-induced-economic-slowdown/
By making the most of the opportunities afforded by the pandemic, the Indian IT sector has recorded impressive growth between 2020 and 2021, and it plans to expand further.
Prime Minister Narendra Modi on Wednesday lauded the Indian IT industry for registering a growth of 2.3 percent – as well as a revenue of over $4 billion – despite the pandemic-induced global economic crisis. When the chips were down, your code kept the world running, PM Modi said via video link while addressing an event organised by Indian tech body the National Association of Software and Service Companies (NASSCOM).
Nasscom pegs Indian IT industry revenue at $194 billion for FY21
SECTIONS
Last Updated: Feb 15, 2021, 04:28 PM IST
Share
Synopsis
The Indian IT industry now accounts for 8% of India’s GDP and has a 52% share in services exports from the country.
Mumbai | Bengaluru: National Association of Software and Service Companies (Nasscom) has said that the Indian IT industry is pegged to report revenue of $194 billion in FY21 at a growth rate of 2.3% year on-year.
The three key areas of technology that the IT industry will focus on building offerings in are artificial intelligence, cybersecurity, and internet of things. “One of our biggest focuses is on developing a very strong ecosystem and regulatory framework for these three technologies,” said Debjani Ghosh, president at Nasscom.
Indian IT industry s revenues to grow 2 3% to USD 194 billion this fiscal: Nasscom freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
PM Modi to address NASSCOM Technology and Leadership Forum today ANI | Updated: Feb 17, 2021 02:11 IST
New Delhi [India], February 17 (ANI): Prime Minister Narendra Modi will address the National Association of Software and Service Companies (NASSCOM) s Technology and Leadership Forum (NTLF) on Wednesday.
He will address the event at 12:30 pm via video conferencing.
The 29th edition of NTLF is being organised from February 17-19. It is the flagship event of the National Association of Software and Service Companies (NASSCOM).
The theme of this year s event is Shaping the future towards a better normal .
The Prime Minister s Office (PMO) release said the event will host 1,600 participants from more than 30 countries and more than 30 products will be showcased during three days. (ANI)