Market Report, "India Information Technology Report Q3 2012", Published
BMI View: Indian IT spending is expected to reach US$20.3bn in 2012, up 14%, with government IT procurements at state and federal level helping to generate spending. Despite a dip in Q411, due largely to exogenous factors, India's potentially vast IT market appears set to continue a strong recovery in 2012 owing to a growing economy and healthy consumer sentiment. Realisation of the market's long-term potential depends on raising India's low computer penetration and the government's ambitions to connect the...
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