Indian IT growth on track: Report

The Indian IT growth story seems to be firmly on track despite hiccups like slowdown in the US.

MUMBAI: The Indian IT growth story seems to be firmly on track despite hiccups like slowdown in the US. A Nasscom-McKinsey report has forecast an annual revenue of $87 billion for the IT industry in 2008, along with the emergence of significant market openings in segments such as IT services, software products, IT enabled services, and e-business.

To salute IT���s contribution to the country���s economic growth and provide a common platform for the captains of the industry to explore new opportunities and map the route to overcoming challenges, the Times Grey Cell is organising The Economic Times Lead IT Intelligence Conclave 2008 on July 4 in Delhi.

Under the guidance of Nasscom���s ex-president, Kiran Karnik, who is the Conference chairman for this conclave, the discussions will centre around the theme, ���Making technology your partner for global positioning and generating higher revenues���. The convergence of the IT sector���s top brass is expected to stimulate discussions on developing more efficient IT operations and innovative business IT solutions.
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