homeinformation technology NewsIT sector to grow at 8 10% as new tech adoption faster than expected: Offshore Insights Research

IT sector to grow at 8-10% as new tech adoption faster than expected: Offshore Insights Research

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.

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By Reema Tendulkar   | Prashant Nair  Jan 11, 2021 3:52:39 PM IST (Published)

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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

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