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Key Takeaways from NASSCOM Guidance FY 2017-18

June 22, 2017

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  • Industry on a transformation journey to capture Digital revolution. Grows at 8.6% constant currrency in FY 2016-17.
  • Half of large IT firm employees already trained in Digital
  • 100+ CoEs setup focussed on Digital like Blockcjain, IoT, Analytics.
  • 1.5-2 million to be re-skilled by NASSCOM initiatives in next 4-5 years.
  • Indian IT Industry expected to grow 7-8% in FY 2017-18.
  • 1.3-1.5 lakh net hiring expected in the Industry in FY 2017-18. More technology related jobs to be created in other sectors.
  • Industry to focus on newer markets like Japan, Germany, Middle East, Africa, and China with focus on Digital Solutions and Industry 4.0.

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