IT exports

IT exports to grow 3% in FY24, among worst years

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IT exports to grow 3% in FY24, among worst years

BENGALURU The 2023-24 financial year will be a near washout for Indian IT services in terms of growth and hiring. Nasscom‘s latest estimates for the year suggest that India’s IT exports will grow at 3.3% in constant currency to $199 billion in financial year 2023-24 – less than a third of the 11.4% it registered … Read more

Karnataka IT exports jump 27% to Rs 3.2 lakh crore, contributes 42% to India’s IT exports

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Karnataka IT exports jump 27% to Rs 3.2 lakh crore, contributes 42% to India’s IT exports

BENGALURU: Karnataka’s IT exports grew a whopping 27% to Rs 3.2 lakh crore in 2022-23 financial year, taking the state’s share in India’s IT exports to 42%, said IT minister Priyank Kharge. He was speaking at the 26th edition of the state’s flagship tech showcase — Bengaluru Tech Summit (BTS) 2023–that began on Wednesday. Data … Read more