Is India's IT & BPO growth slowing down?

Last updated on Jun 20, 2007

Posted on Jun 20, 2007

Despite the high growing jobs.. the growth in IT and BPO may be slowing down soon… time for re-assessment of future priorities?

India’s IT party may just be over, soon! After expanding by 35 per cent in the past two years, the annual growth of India’s IT and BPO industries may fall to 30 per cent for the next four years, a study has revealed.
Nevertheless, both large and smaller companies in the two industries in India have seen a faster growth than their peers globally at the expense of Western firms, says the study by the Associated Chambers of Commerce and Industry.
"Over the years most of the Indian IT services and BPO players have been moving up the value chain and in most cases are integral to the business of the client," chamber president Venugopal N. Dhoot said.

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