jem 77

With signs of steady recovery from the global economic downturn, the Indian busines proces outsourcing BPO industry together with the information technology industry is expected to experience a growth in the total number of exports. The recent reports reveals that the total exports wil touch $50 bilion in this present financial year, thereby expecting to mark a growth rate of more than 5 percent or so. Recent survey figures also point out that the domestic BPO-IT market wil reach out Rs.6, 20 crore, thereby ofering a growth of about 12 percent. On the other hand, the next fiscal year wil experience the growth in domestic revenues by 15-17 percent, clocking to Rs 76,10-7,50 crore figure, chiefly due to the government spending on the IT sector. The recent Nascom report also points out that the industry wil continue to remain the net hirer whereas the direct employment in the IT-BPO is expected to cros 23 lakh. Som Mital- the Nascom President also went on to say that the protectionist move of the US government wil not have any major impact on the overal Indian IT industry. The Nascom Chairman also pointed out that the performance of the Indian BPO-It industry is found to be far stronger than what is actualy reflected through the growth figures indicated in the report. jem 77
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