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Indian IT sector revenue up by 7.7% to $191 bn: Nasscom

Feb 13, 2020 11:27 IST

India's IT sector generated a whopping $191 billion in fiscal 2019-20, industry' body NAsscom has said. The IT-BPM (Business Process Management) sector grew 7.7% year-on-year to $191 billion, including $147 billion in exports. Software exports grew 8.1% y-o-y during the fiscal. The IT sector was also able to add 2.05 lakh jobs on a net basis, with an eye on re-skilling of a 4.36 million talent base going forward. The IT services sector raked in $97 billion with 6.7% y-o-y growth, followed by e-commerce with $54 billion, growing at 25.6% y-o-y.

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