Indian IT – BPO Industry Exports Touches USD 50 Billion Landmark

Industry emerges stronger from the global economic meltdown to post encouraging results Domestic market expected to witness 12 percent growth in FY09-10; to reach INR 662 billion. Industry will continue to be a net hirer; direct employment expected to grow by 4 percent and cross 2.3 million with over 90,000 jobs added in FY09-10. FY [...]

IT, BPO Industry To Recruit 150,000 This Year: NASSCOM

Nasscom on Thursday said the Indian information technology (IT) and business process outsourcing (BPO) industry would hire 150,000 people this year. Nasscom president Som Mittal also said that the domestic market is expected to witness 12 percent growth this year and would reach up to Rs 66,200 crore. “I think we have reached the better [...]

Nasscom cuts growth forecast

Nasscom has cuts the growth forecast by 8-10%. The National Association of Software and Service Companies (Nasscom) projected export revenue to grow 13-15% to $56-$57 billion in the year to March 2011, below the previous outlook for $60-$62 billion. Nasscom chairman Pramod Bhasin was quoted by the media as saying that the sector is impacted [...]

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