TIL Desk/Business/Bengaluru/ Wipro founder-chairman Azim Premji believes the Indian IT industry revenues will grow in double digits in the current financial year. Throughout the pandemic, which saw lockdown measures to curtail the spread of the virus, the information technology industry has kept the world running and has also adapted to the changes, Premji said, speaking at an event of the Bombay Chartered Accountants’ Society on Tuesday evening.
As per Nasscom, the IT industry revenues stood at $194 billion in FY21.The lobby group has ceased giving estimates of the topline growth a few years ago. Companies will start reporting financial results for the first quarter from Thursday.
“This financial year (FY22), I’d not be surprised if the industry grows in very decent double digits,” Premji said, noting that despite the pandemic, the industry grew 2-3 per cent and added 1.58 lakh new jobs on a net basis in FY21. He said within weeks of the onset of the pandemic, the IT industry shifted to working from home and over 90 per cent of the staff continues to deliver on projects remotely even now.
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