Revenue growth in India's technology industry may slow to 8.4% this fiscal year, an industry report showed, following the previous year's blistering 15.4% growth fuelled by the covid pandemic.
Revenues may touch $245 billion by the end of FY23, up from $226 billion in FY22, Nasscom's Strategic Review 2023 presented on the sidelines of its Technology Leadership Forum said. Currency headwinds have impacted tech sector revenues by over 2%.
Debjani Ghosh, president, Nasscom said the sector added 290,000 new jobs in FY23 so far to take overall headcount to 5.4 million.
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