IT companies' revenues to grow up to 9% on tech demand: ICRA

14 February 2021 | 10:17 Code : 15130 news
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News Author: Monireh Abdi
Rating agency Icra gave a "stable" outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business
IT companies' revenues to grow up to 9% on tech demand: ICRA


Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said on Thursday. Rating agency Icra gave a "stable" outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business.

https://www.businesstoday.in/current/economy-politics/it-companies-revenues-to-grow-up-to-9-on-tech-demand-icra/story/427968.html

Monireh Abdi

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