Indias IT Exports Revenue Growth Will 9-10% This Fiscal: T V Mohandas Pai
The revenue growth of Indian IT exports this fiscal is likely to be slower than industry body Nasscoms projection of 10-12 per cent, according to industry veteran T V Mohandas Pai.
"The figures could be lower than what Nasscom has said. But its still (expected to) be good figures. They forecast 10 to 12 per cent, I would say 9 to 10 per cent is something that could be more reasonable because we already have seen in the first quarter some companies not meeting numbers...second quarter, some companies going quiet. So, 9 to 10 per cent is reasonable," the former Board member at Infosys said.
A clear picture would emerge after companies announce results for the September quarter, which is generally good for them.
"Europe is beginning to look better. Brexit has hurt the UK. America... we h...
