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Indian software products sector growing 9.5% yearly: Nasscom

By The Assam Tribune

BENGALURU, Oct 25: Indian software products sector, which is estimated to be worth $7-billion, is growing at a rate of 9.5 per cent annually, IT industry apex body Nasscom said.

"India is already a matured software product ecosystem, currently a $7-billion sector with 3,720 companies, and growing at 9.5 per cent annually," Nasscom said in a statement here.

In a bid to accelerate growth in Indian software products sector, the IT body said it is working with "Product Mission 2020", which aims to support the process of creating foundation for world-class products in new technologies and product businesses in India over the next two years. - IANS

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Indian software products sector growing 9.5% yearly: Nasscom

BENGALURU, Oct 25: Indian software products sector, which is estimated to be worth $7-billion, is growing at a rate of 9.5 per cent annually, IT industry apex body Nasscom said.

"India is already a matured software product ecosystem, currently a $7-billion sector with 3,720 companies, and growing at 9.5 per cent annually," Nasscom said in a statement here.

In a bid to accelerate growth in Indian software products sector, the IT body said it is working with "Product Mission 2020", which aims to support the process of creating foundation for world-class products in new technologies and product businesses in India over the next two years. - IANS

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