|
|
|
|
|
25th Shawwal 1435 | Saturday, Aug 23, 2014
Business

Indian IT industry targets $300 billion revenue in seven years

Monday, 4 March 2013
Comments(0)
March 04:

Targetting $300 billion revenue from IT sector by 2020, the industry representative body Nasscom Monday announced expansion of its focus to include internet, mobile technology and cloud computing.

Currently revenue from software and services is around $100 billion.

The larger focus for Nasscom, from just software and services, has been suggested by a panel the industry body had set July last year under the chairmanship of Infosys co-founder N. R. Narayana Murthy.

Releasing the recommendations of the panel to media here, Murthy said internet, mobile technology, cloud computing and domestic IT market had great potential.

Hence the Nasscom executive council would be expanded to give representation to these IT segments, he said.

Nasscom would also set up five centres of excellence in five years, Murthy said.

Latest News

AAP protests crime against women in UP

The AAP organized a protest here against rising crime against women in Uttar Pradesh under the Samajwadi party government. Aam Aadmi Part ...

Mandal deputy surveyor Visakhapatnam in ac...

D Ramakrishna, Mandal Dy. Surveyor, Office of the Tahasildar, Kotapadu Mandal of Visakhapatnam District was caught red–handed by the ACB ...

Digvijay confident of Congress revival in Telangana

AICC General Secretary Digvijay Singh on Saturday expressed confidence that the Congress party would ...

Related News

Gold Falls by Rs. 40 to Rs. 28,100 on Sluggish Demand

Continuing its losing streak for the eight straight session, gold prices shed Rs. 40 to close at a n ...

Infosys Gives 22,794 Restricted Stock Units to CEO Sikka

Infosys, India's second largest software firm, has granted close to 22,800 restricted stock units (R ...

Goldman in deal worth $1.2 bn over US bond claims

Goldman Sachs has agreed to a settlement worth USD 1.2 billion to resolve claims that it misled US m ...

Post new comment

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

Rs. 27530 (Per 10g)

Opinion Poll
Do you think KCR would continue celebrating all national events at Golconda Fort beginning from Independence Day?
YesNoCan't say

Comments >>

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, AP, India
Tel: +91-40-24744180, Fax: +91-40-24603188
contact@siasat.com