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Indian IT sector to be worth $350 bn by 2030: Infosys co-founder
The Business Guardian
|November 30, 2023
India’s $200 billion information technology (IT) industry will continue growing despite global macroeconomic challenges, said Kris Gopalakrishnan, a co-founder of Infosys, on Wednesday.
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His comments come at a time when the industry’s revenue growth is expected to slow down to 3-5 percent in Financial Year 2023-24 due to “persistent macroeconomic uncertainty” and weak demand in the US and Europe, according to the rating agency ICRA.
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