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Nasscom Pegs IT-BPM Exports Growth Rate At 7-8 Per Cent For FY17-18

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Industry body Nasscom projected software export growth in fiscal 2017-18 at 7-8% in constant currency, down from 8.6% last year.

“The numbers given on the growth rate are spot on and I think that is going to be the new normal for the next two years,” said Sanchit Vir Gogia, Chief Analyst & CEO at technology research and advisory firm Greyhound Research. “However, their numbers on net addition of 130,000-150,000 jobs this year seems bullish to me. I would expect that number to be 100,000 since company budgets are going to largely focus on reskilling.”

[Economic Times]

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Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Futurist, Founder & CEO of Greyhound Knowledge Group, a Global Strategy & Transformation Research, Advisory & Consulting Group. He also serves as Chief Analyst & CEO of Greyhound Research, a Global, Award-Winning, Independent Technology & Innovation Research, Advisory & Consulting firm. To read more about him, click here.


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