Nasscom optimistic about FY19, sees green shoots

NEWDELHI: Industry body Nasscom is expecting the $150billion Indian IT industry to deliver a strong performance next fiscal on revival in tech spends of the financial sector and demand growth from the US clients. “There are reasons to be optimistic. We continue to see that there are green shoots... The demand side prognosis looks positive,” Nasscom president R. Chandrasekhar told PTI. Chandrasekhar said he expects a revival of financial sector investments (into technology) and a greater hardening of demand in the US.