This website requires JavaScript.
Daily Briefing

The resurgence of Indian IT industry

Nov 19, 2018 by The Passage Team
The resurgence of Indian IT industry

Indian IT companies have shown resilience in the face of the digital storm. TCS’ growth engine is firing again, with a 22.56% increase in profit for the second quarter of this fiscal year. Infosys has a new chief executive and sense of purpose, having bagged more than USD2 billion in new orders this year.

India’s outsourcing industry is forecast to grow from $143 billion to $167 billion between 2016 and 2019 with its contribution to gross domestic product poised to go from 7% to around 10%. Digital technologies now account for a third of the industry’s business and drive much of the buoyancy.

Source: The Economic Times

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

Follow The Passage Team