Market Report, "India Information Technology Report Q4 2012", Published
Indian IT spending is expected to reach US$20.5bn in 2012, up 14%, with government IT procurements at state and federal level helping to generate spending. Following relatively modest PC market growth in Q112, owing largely to exogenous factors, BMI expects slower growth in 2012, with IT Services in the vanguard. However, India's potentially vast IT market appears set to remain one of the region's growth opportunities owing to a growing economy and healthy consumer sentiment. Realisation of the market's long-term...
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