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IT companies revenues to grow up to 9% on tech demand: ICRA

IT companies revenues to grow up to 9% on tech demand: ICRA Rating agency Icra gave a stable outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business PTI | January 15, 2021 | Updated 07:59 IST All the top IT companies have reported a handsome performance for the third quarter of 2020-21 and make optimistic guidance Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said on Thursday. Rating agency Icra gave a stable outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business.

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