You may hear of slow down in American economy but Indian economy has remained intact until now. In fact, IDC India has predicted that Indian IT sector will have impressive growth in the next 4 years. Both export and domestic spending on IT sector are expected to grow a lot by 2012.
AFP reported:
The industry's revenues, including those from export markets, will reach 5.3 trillion rupees (132 billion dollars) in 2012, from 2.46 trillion rupees last year, said the report by market-research firm IDC India.
Two trillion rupees of that will come from a domestic market, which is growing at an average annual rate of 18.4 percent, outpacing overall industry growth of 16.5 percent, it said.
Indian economy is growing and use of IT is also growing very rapidly. In fact, most people in India live in village areas and most of them are still not using IT. When they start using IT services and products in a mass scale then IT sector will see a hug growth in the country.
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