IT, BPO to grow 10-15 pc in next 5 yrs, says NASSCOM

IT and BPO industry is set to grow 15 to 20 per cent in the next five years and direct employment likely to go up to eight million, a recent survey by NASSCOM has said.
The survey has revealed that prospects of the industry growing in 50 cities in the country were bright if the state governments concentrate on developing infrastructure in these cities.
Releasing the survey, NASSCOM president Som Mittal addressing the press conference said that the industry was focused in seven locations in the country now, employing about two million people.
The present locations - Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, National Capital Region of Delhi and Pune - might not be able to cope with the pressure developed due to setting up of new units there.