As per ICRA, Indian IT services industry is expected to see a short-term adverse impact due to COVID-19 outbreak. To this end, ICRA expects a lower growth of 3 -5 per cent for the sector during the current financial year. Earlier, the sector growth rate was pegged at 6 -8 per cent by the rating … Continue reading IT services sector likely to see short-term hit from COVID-19, growth may fall to 3 per cent -5 per cent in FY21, says ICRA
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