Economic Survey nudges IT, BPO cos to tap fresh opportunities in new markets overseas

NEW DELHI: The Economic Survey 2019 Thursday said new challenges are surfacing in traditional geographies served by Indian IT and ITeS industry, but pointed to fresh opportunities for expansion in markets like Europe, Japan, China and Africa.

The Economic Survey for 2018-19, tabled by Finance Minister Nirmala Sitharaman in Parliament, also placed on record the immense contribution of the IT and BPO industry in positioning India as a preferred investment destination amongst global investors and creating huge job opportunities in the country, as well as in the US and Europe.