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IT industry to grow by 2.3% in FY21 despite dip in tech spends: Nasscom

The Indian IT industry revenues are set to grow by 2.3 per cent to USD 194 billion in FY2020-21 and the exports will go up by 1.9 per cent to USD 150 billion, industry lobby Nasscom said on Monday.
The industry remained a net hirer in the fiscal year, which saw a major hit across the world because of the COVID-19 pandemic, with 1.38 lakh new jobs added to take overall employment to 44.7 lakh, it said.
We have emerged more resilient and more relevant from the crisis. We have been the bellwether to lead the fight against COVID, the body s president Debjani Ghosh said. ....

Debjani Ghosh , Information Technology In India , தகவல் தொழில்நுட்பம் இல் இந்தியா ,

Engineering R&D rainmakers bag mega deals from home offices

Engineering R&D rainmakers bag mega deals from home offices
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Deals in the segment had it rough in early 2020, like most deals, but have since bounced back. And some of the rainmakers in the space have won large deals, upwards of $50 million each, from their home offices.
(Representative image)
(This story originally appeared in
on Feb 15, 2021)BENGALURU: Engineering R&D services is becoming increasingly one of India’s big success stories. Deals in the segment had it rough in early 2020, like most deals, but have since bounced back. And some of the rainmakers in the space have won large deals, upwards of $50 million each, from their home offices. ....

Sandeep Kalra , Pareekh Jain , Subrat Tripathy , Harmeet Chauhan , Vinay Firake , Kishor Patil , Amit Chadha , Lt Technology Services , Industrial Products , Software Technology , R Ampd Services , சந்தீப் கல்ரா , பரீக் ஜெயின் , சுப்ரத் முத்தரப்பு , ஹர்மீட் ச U கான் , வினய் பிறகே , கிஷோர் பாட்டீல் , அமித் சதா , ல்ட் தொழில்நுட்பம் சேவைகள் , தொழில்துறை ப்ராடக்ட்ஸ் , மென்பொருள் தொழில்நுட்பம் , ர் ஆம்ப்ட் சேவைகள் ,

IT sector to grow by 2% to $194 bn, add 138,000 employees in FY21: Nasscom

The National Association of Software & Services Companies (Nasscom) has projected a 2.3 per cent revenue growth in FY21 for the country’s information technology industry despite the pandemic. Nasscom has pegged the Indian IT industry’s revenue during the current financial year at $194 billion, up from $190 billion in FY20.
Compared to previous years when the industry registered a growth of 6 to 7 per cent, the current numbers are subdued.
Although several players faced pricing pressure as the global economy contracted, the Indian IT services segment is set to grow 2.7 per cent to $99 billion, according to the latest numbers. Growth was driven by the e-commerce sector that grew 4.8 per cent to $57 billion, followed by a 4.1 per cent growth in the hardware segment that touched a revenue of $16 billion on a year-on-year basis. Exports are expected to touch $150 billion for FY21. ....

Ub Pravin Rao , Debjani Ghosh , National Association Of Software Services Companies , Indian Technology , National Association , Services Companies , Strategic Review , New World , Chairman Nasscom , Continental Europe , It Sector , It Services , Hit Industry , It Sector Growth , Nasscom Report , ுப் பிராவின் ராவ் , தேசிய சங்கம் ஆஃப் மென்பொருள் சேவைகள் நிறுவனங்கள் , இந்தியன் தொழில்நுட்பம் , தேசிய சங்கம் , சேவைகள் நிறுவனங்கள் , மூலோபாய விமர்சனம் , புதியது உலகம் , கண்டம் யூரோப் , அது துறை , அது சேவைகள் , அது தொழில் ,

IT revenue to grow to $194 bn in FY21: Nasscom

Industry hires 1.38 lakh in the fiscal ....

Debjani Ghosh ,