Nasscom does away with annual industry guidance

Nasscom President Debjani Ghosh said that the sector has grown 9.2 per cent in 2018-19, against a forecast of 7-9 per cent

Industry body Nasscom has done away with annual guidance even as the Indian IT and BPM sector beat growth expectations in 2018-19.

Nasscom said it remained cautiously optimistic about industry prospects this year as it continues to transition.

Addressing media, Nasscom President Debjani Ghosh said that the sector has grown 9.2 per cent in 2018-19, against a forecast of 7-9 per cent.

This growth has come about as companies in the $155 billion sector has started to embrace digital transformation and the use of automation, bots start to increase.