Indian IT consumption- >$10billion
Nice piece of news today. Per Nasscom, Indian domestic IT (software) consumption is $10.5billion. ANd steaidly growing. Not really surprising.The key sectors were Retain, Banking, Telecom & Government.
I have always believed that we have a huge domestic consumption market. Brosslyt undertapped, and slated to grow big time. After all we are a three quarters of a trillion$ economy. And IT adoption is low at this point. Must and will catch up. Strong.
No wonder we have all software majors in the world expanding their India sales operations. Not to mention the opportunity that our local-global infrastructure software companies such as Pramati have. Watch this space..
posted by Ramesh L. @ 11:42 PM
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