Growth in 2006-07

NASSCOM’s annual studies on the IT-BPO industry show growth and gains for the sector on all fronts.

NASSCOM’s annual study on the performance of the IT services and BPO sector in 2006-07 has shown that it exceeded analyst expectations. The IT software and services segment alone notched up revenues of US$ 39.6 billion and a growth of 30.7 percent during the year. Based on these spiraling figures, NASSCOM is estimating 2007-08 growth statistics to touch anywhere between 24 and 27 percent.

Highlights of Indian software and services industry performance in FY 2006-07

Employee numbers:

Employees in BPOs

Sector wise break-up:

USD Billion

2005-06

2006-07

2007-08

IT Software and Services Exports

17.3

22.9

28-29

ITES-BPO Exports

6.3

8.4

10.5-11

Domestic Market

6.7

8.2

~10

TOTAL (IT Services + ITES-BPO + ES, Product Exports + Domestic Market)

30.3

39.6

49-50

Note: Totals may not add up due to rounding off.

More of this report can be discussed in detail later in another post