IT Sector Exports May Grow 13-15% in FY15: Nasscom - The New Indian Express

IT Sector Exports May Grow 13-15% in FY15: Nasscom

Published: 11th February 2014 02:45 PM

Last Updated: 11th February 2014 02:45 PM

Software industry body Nasscom expects IT sector exports to grow by 13 to 15 per cent in FY15 as against 13 per cent in the current financial year.

"We believe the export revenue will grow by 13 to 15 per cent to reach USD 97 to 99 billion in FY15," Nasscom Chairman Krishnakumar Natarajan said here today.

Domestic revenue is likely to grow by 9 to 12 per cent in the next financial year, he said.

The industry's total revenue is likely to touch USD 130 billion in FY15, Nasscom said.

Exports are estimated to have grown 13 per cent to USD 86 billion in FY14, while domestic revenue may have increased 9.7 per cent to Rs 1,910 billion, according to Nasscom.

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