In­dian IT to hit $350 bil­lion by 2025

India Business Journal - - NEWS ROUND-UP -

The In­dian IT-BPM in­dus­try is ex­pected to reach $350 bil­lion by

2025, and prod­ucts will be a growth driver for the in­dus­try, notes NASS­COM Pres­i­dent R Chan­drashekhar. The do­mes­tic soft­ware prod­ucts mar­ket is cur­rently worth $4.8 bil­lion and grow­ing at 10.4 per cent an­nu­ally. Glob­ally though, In­dia ac­counts for just 2 per cent of the $413-bil­lion soft­ware prod­ucts mar­ket.

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