Indian IT export is projected to grow by 7-8% in 2017-18, industry body Nasscom said in its guidance today.
The domestic market is expected to grow 10-11%, it said.
The IT-BPM industry is expected to add 1.3-1.5 lakh new jobs during 2017-18, Nasscom president R Chandrashekhar told reporters here. In the previous fiscal, the industry’s net hiring stood at 1.7 lakh.
Keeping in view the political and economic uncertainties in key overseas markets that impacted decision-making and discretionary spend, and also the performance of IT companies last year, Nasscom expects the future outlook to be positive, he said.