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How recession is affecting Desi IT cos

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Though the software industry body Nasscom projected 21-24 per cent revenue growth rate for this fiscal as against 28 per cent in 2007-08, analysts fear the annual growth could decline to 15 per cent by the end of the fiscal — the lowest in a decade.

That is 86%. Only 17-21% is expected in Brazil.

http://infotech.indiatimes.com/quickiearticleshow/3907178.cms

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Written by Fernando Ribeiro

December 30, 2008 at 4:41 pm

Posted in Business, Technology

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