NASSCOM projects 26-28% growth

In a press release yesterday, the NASSCOM declared the industry has achieved 26.3 per cent exports growth clocking revenues of Rs 46,100 crore (US$ 9.5 billion). IT services, products and technology services have grown by 18.3 per cent to reach Rs 34,800 crore ($7.2 billion) while the ITES-BPO segment registered a growth of 59 per cent to reach Rs 11, 300 crore (US $2.3 billion).

According to NASSCOM, Indian software and services exports is projected to achieve 26-28 per cent growth clocking a revenue of over US $12 billion in 2003-04. IT services, products and technology services are projected to grow by 17 per cent to reach revenues of over US$ 8.4 billion and the ITES-BPO segment is projected to register a growth of 54 per cent to clock revenues of US$ 3.6 billion during the next year.
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