Nasscom to give outlook for IT today

June 21, 2017 10:10 pm | Updated 10:54 pm IST - Hyderabad

Software and services industry body Nasscom will be issuing the much-awaited guidance and trends of the sector for the current financial year here on Thursday.

According to an official intimation from the body, Nasscom’s chairman Raman Roy, vice-chairman Rishad Premji and president N. Chandrashekhar will be announcing the much-awaited annual ritual which, otherwise, is normally held in February every year.

Nasscom, for the first time, deferred giving its outlook for the $155 billion industry in February and postponed it to the April-June quarter. The industry has been facing headwinds including changing policies on the H-1B front. Former Nasscom chairman BVR Mohan Reddy hoped that the industry would grow 8-10% in the current fiscal.

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