NASSCOM’s annual studies on the IT-BPO industry show growth and gains for the sector on all fronts.
NASSCOM’s annual study on the performance of the IT services and BPO sector in 2006-07 has shown that it exceeded analyst expectations. The IT software and services segment alone notched up revenues of US$ 39.6 billion and a growth of 30.7 percent during the year. Based on these spiraling figures, NASSCOM is estimating 2007-08 growth statistics to touch anywhere between 24 and 27 percent.
Highlights of Indian software and services industry performance in FY 2006-07
Employee numbers:
Sector wise break-up:
|
USD Billion |
2005-06 |
2006-07 |
2007-08 |
|
IT Software and Services Exports |
17.3 |
22.9 |
28-29 |
|
ITES-BPO Exports |
6.3 |
8.4 |
10.5-11 |
|
Domestic Market |
6.7 |
8.2 |
~10 |
|
TOTAL (IT Services + ITES-BPO + ES, Product Exports + Domestic Market) |
30.3 |
39.6 |
49-50 |
Note: Totals may not add up due to rounding off.
More of this report can be discussed in detail later in another post