Nasscom 2021 Takeaways : New Client Expectations And Higher Spends Drive Acceleration: Nirmal Bang
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Nirmal Bang Report
Two specific sessions of Nasscom 2021 on February 18, 2021 added a lot of value for investors in the sector.
1. Takeaways from 2021 Nasscom – Mckinsey study regarding growth outlook and service provider focus/priorities in the medium term
The key takeaway from the Mckinsey study for investors is that Indian Industry (defined in a much more broader sense than just the IT services providers) will likely be growing at ~10% compound annual growth rate compared to the ~7.5% CAGR of the last five years.
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