IT-BPO business set to cross $100 billion

February 08, 2012 11:02 pm | Updated 11:02 pm IST - CHENNAI:

The National Association of Software and Services Companies (Nasscom) expects export revenue for 2012-13 to grow by 11-14 per cent. The domestic revenue is expected to grow by 13-16 per cent. Nasscom on Wednesday released the key findings of the Indian IT-BPO sector performance for 2011-12.

Terming 2011-12 a ‘landmark year', Nasscom expects the aggregate revenue for the Indian IT-BPO sector to cross $101 billion. Exports are expected to be in the vicinity of $ 69 billion, growing by 16.3 per cent over the last fiscal year.

“Despite challenges in the global market conditions, India sustained its growth trajectory,'' it said.

“Some of the factors that have been contributing to this growth include new business models, organisation efficiencies, services around disruptive technologies such as cloud, mobility, analytics and social media, and flexible product portfolios,'' Nasscom added.

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