The Domestic IT & ITeS Market

02 22 08'

Written by Team iPOTT

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clipped from www.idcindia.com

The domestic IT and ITeS market in India grew by 26%
in CY 2005 over CY 2004. It was a milestone achieved in
the history of the Indian IT industry, when the IT and
ITeS revenue in the domestic arena crossed Rs.50,000
crore. This was revealed by IDC (India) Limited, the
country’s leading IT market research and consultancy
firm on the eve of their flag-ship annual industry
briefing session DIRECTIONS.

The domestic market in India has come of age now and
beyond 2005 it is expected to show faster growth
compared to the IT/ITeS exports revenue”

, said Kapil Dev
Singh, Country Manager, IDC (India) Limited. “This makes
India a great market with significant domestic
consumption and not just a sourcing base. I believe the
critical mass has been achieved and one can expect a
phenomenal growth of IT adoption by all sections of the
IT market by 2010”


Domestic IT/ITES grows by 26% in 2005 and
crosses Rs 50,000 crore mark;
projected
to grow faster than IT/ITES exports for the
period 2006-2010

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Global Market, Indian Market

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