IT sector to grow by 2% to $194 bn, add 138,000 employees in FY21: Nasscom

The National Association of Software & Services Companies (Nasscom) has projected a 2.3 per cent revenue growth in FY21 for the country’s information technology industry despite the pandemic. Nasscom has pegged the Indian IT industry’s revenue during the current financial year at $194 billion, up from $190 billion in FY20.

Compared to previous years when the industry registered a growth of 6 to 7 per cent, the current numbers are subdued.