August 23, 2011 10:20 PM

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Nasscom confident of 16-18% IT growth

India's software body Nasscom on Tuesday expressed confidence about its projection for 16 to 18 per cent growth of the Indian Information Technology industry in the current fiscal. Speaking to reporters in New Delhi on the sidelines of a function in New Delhi, Nasscom President Som Mittal said that despite the economic uncertainty in the US and European markets, there is no reason for India to be worried. He, however, added that the industry maintains a cautious outlook. The growth in software and services export is expected to bring in revenues of 68-70 billion dollar.

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