Indian IT sector revenue up 7.7% to $191 billion: Nasscom
Bengaluru
12-February-2020
The resilient Indian information technology sector generated a whopping $191 billion in fiscal 2019-20, said the industry's apex body on Wednesday.
"The IT-BPM (Business Process Management) sector grew 7.7 per cent year-on-year (YoY) to $191 billion, including $147 billion in exports and hired 205,000 people during fiscal 2019-20," said the National Association of Software and Services Companies (Nasscom) in a statement here.
The sector also remained a net hirer with a total workforce of 4.36 million (43.6 lakh), including 884,000 digitally skilled talent.
"The IT services sector garnered $97 billion with 6.7 per cent YoY growth, followed by e-commerce with $54 billion, growing at 25.6 per cent YoY."-IANS
More Headlines
First Indian Space Tourist Talks Dreams and Inspiration Before Blue Origin Flight
Former MLA Rathod Bapu Rao Switches from BJP to Congress in Telangana
Zerodha Co-Founder Nikhil Kamath Launches 'WTFund' to Support Young Entrepreneurs
Firing At Salman Khan’s Mumbai Residence: Delhi Police Launch Probe
upGrad Records 55,000 Job Placements in FY24, Boosting Careers in Tech and Marketing
First Indian Space Tourist Talks Dreams and Inspiration Before Blue Origin Flight
Former MLA Rathod Bapu Rao Switches from BJP to Congress in Telangana
Zerodha Co-Founder Nikhil Kamath Launches 'WTFund' to Support Young Entrepreneurs
Firing At Salman Khan’s Mumbai Residence: Delhi Police Launch Probe
upGrad Records 55,000 Job Placements in FY24, Boosting Careers in Tech and Marketing