The industry body said the sector added 2,05,000 jobs in the ongoing fiscal year, up from the 1,85,000 jobs it added in FY19. The sector is still ‘cautiously optimistic’ about the next financial year starting April, officials said.
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Nasscom senior vice-president Sangeeta Gupta said the industry added $14 billion in new revenue, a significantly higher amount than in the past. “It is important to look at this as the (revenue) base increases,” Gupta said.
Since last year, Nasscom discontinued issuing annual growth forecast before the start of the year. Instead, it shares a survey of global CEOs on their confidence in spending on technology. According to the latest survey, 57% of CEOs expect FY21 growth to be similar or better than FY20.