Business

Indian IT services biz up 6pc in 2020

The Indian IT and business services market was valued at $13.41 billion in 2020 and recorded a 5.41 per cent year-over-year (YoY) growth as compared to 8.43 per cent in 2019, an International Data Corporation (IDC) report showed on Tuesday.

migrator

New Delhi

Of the IT and business services market, the IT services market contributed 77.06 per cent and grew by 5.97 per cent in 2020 compared to the 8.91 per cent growth in 2019.

The reduced growth rate was due to the impact of the COVID-19 pandemic on businesses in the country.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Also Read

India's east coast braces for Cyclone Murasu; downpour disrupts flights, thousands move to safety

Rs 5 crore bribe claim: DMK seeks DVAC case on TN Minister Rajmohan

Don’t spread unverified information about Cyclone Murasu, says TNSDMA

Theni jailbreak: CM Vijay constitutes high-level committee to probe security lapses

Rs 100 crore private schools case: CCB gets DMK leader Anbil Mahesh in custody for interrogation

SCROLL FOR NEXT