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In A First, IT Industry Body Nasscom Defers Growth Forecast

Nasscom had in November cut its growth estimate for the sector to 8-10% in constant currency terms.
Nasscom had in November cut its growth estimate for the sector to 8-10% in constant currency terms.
Nasscom or National Association of Software and Services Companies, the domestic IT services and BPO industry body, has for the first time in its 25-year history deferred issuing growth projection for the next fiscal year (2017-18). Nasscom President R Chandrashekhar said the association will come out with its guidance in the next quarter, most probably in May, once it is done with "deeper interactions" with customers and other stake...
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