IT industry to grow at 7-8 percent: Nasscom

Hyderabad, June 22: Nasscom has projected 7-8 percent growth in India's IT industry in 2017-18.

It announced Thursday that the IT-BPM export revenues were expected to grow 7-8 percent while revenues from domestic market was likely to grow by 10-11 percent.

The apex industry body gave this guidance, citing improvement in financial services and high potential in digital businesses as key drivers.

Nasscom Chairman Raman Roy told reporters that the industry was expected to add 1.3 to 1.5 lakh new jobs during the year.