Market watchers are bullish on the IT sector in the near-term and Sudin Apte, CEO and Research Director, Offshore Insights Research, in an interview with CNBC-TV18 echoed this saying that the industry is likely to grow by 8-10 percent in the upcoming fiscal.
“The growth expected from technology sector in India can be in a range of 8-10 percent or slightly higher than that,” he said.
“We do expect double digit growth by some of the leaders and slightly sluggish growth for mid-tier and some of the struggling providers,” he mentioned.
He believes that the digital adoption rate is substantially increasing.
For more, watch the video
(Edited by : Abhishek Jha)