IT spending in the domestic market slated to grow 13.5%
Q. IT spending in the domestic market is slated to grow by how much?- Published on 11 Jan 16a. 13.5%
b. 13.8%
c. 13.9%
d. 13.7%
ANSWER: 13.5%
IT spending within the domestic market is slated to grow to INR 1.91 lakh crore by 13.5% as per a report. As per research firm Core Quadrant, domestic IT industry revenue is expected to grow INR 1.91 lakh crore in 2016 as against spending of INR 1.68 lakh crore in 2015. Report is based on inputs from 107 CIOs/IT honchos of large and medium sized Indian enterprises in association with business priorities and IT plans for the year.