IT, BPO export to grow 3-fold to $175 Billion by 2020-end: Nasscom

With a steady recovery in major markets such as the U.S. and Europe, Indian IT and BPO export is likely to grow three-fold to $175 billion in revenue by end -this decade, apex software industry body Nasscom said today.

However, in 2011, the IT industry will witness a flat growth at 18 percent. Last year, revenues from software exports and BPO services stood at $59 billion, it said.