Indian IT industry targets $300 billion revenue by 2020

Indian IT industry targets $300 billion revenue by 2020
Targetting $300 billion revenue from IT sector by 2020, the industry representative body Nasscom Monday announced expansion of its focus to include internet, mobile technology and cloud computing.

Currently revenue from software and services is around $100 billion.

The larger focus for Nasscom, from just software and services, has been suggested by a panel the industry body had set July last year under the chairmanship of Infosys co-founder N. R. Narayana Murthy.

Releasing the recommendations of the panel to media Bangalore, Murthy said internet, mobile technology, cloud computing and domestic IT market had great potential.

Hence the Nasscom executive council would be expanded to give representation to these IT segments, he said.

Nasscom would also set up five centres of excellence in five years, Murthy said.

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: IT, Narayana Murthy, Nasscom, PCs, laptops
Smartphones set to outsell feature phones for the first time: Survey
Lara Croft returns with new Tomb Raider game

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com