financetom
Business
financetom
/
Business
/
Indian IT industry can grow to $450-460 billion in ten years, says Mindtree
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Indian IT industry can grow to $450-460 billion in ten years, says Mindtree
Apr 30, 2018 5:22 AM

Indian information technology industry can grow to $450-460 billion in ten years, says Rostow Ravanan, Managing Director and Chief Executive Officer, Mindtree.

"We are close to the inflection point at Mindtree level and the industry as a whole will also hit that inflection point fairly soon," said Ravanan to CNBC-TV18.

He further said that digital is growing 2x of Mindtree and see Indian information technology services industry tripling in ten years.

Ravanan said, "Digital growth will more than compensate the decline in traditional business,"

First Published:Apr 30, 2018 2:22 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Trump Media's ETF Plans Face Scrutiny From Senator Warren
Update: Trump Media's ETF Plans Face Scrutiny From Senator Warren
May 25, 2025
10:37 AM EDT, 04/28/2025 (MT Newswires) -- (Updates with Trump Media ( DJT ) comment in the last paragraph.) Trump Media & Technology Group ( DJT ) faces scrutiny from Democratic Senator Elizabeth Warren over plans to launch exchange-traded funds. Trump Media ( DJT ) is majority-owned by President Donald Trump, a company founder. Warren is the ranking member of...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Bank of Nova Scotia Expects CA$62 Million Earnings Contribution From KeyCorp Stake During its Fiscal Q2
Bank of Nova Scotia Expects CA$62 Million Earnings Contribution From KeyCorp Stake During its Fiscal Q2
May 25, 2025
10:35 AM EDT, 04/28/2025 (MT Newswires) -- Bank of Nova Scotia ( BNS ) early Monday said it expects the company's 14.9% stake in US bank holding company KeyCorp ( KEY ) should contribute around CA$62 million ($44.8 million) to its net income for its fiscal Q2 ending April. After adjusting for around CA$9 million for the amortization of acquired...
Portage Biotech Stock Surges As It Prepares For Human Trial
Portage Biotech Stock Surges As It Prepares For Human Trial
May 25, 2025
Portage Biotech Inc. ( PRTG ) stock traded higher on Monday, with a session volume of 4.49 million compared to the average of 1.2 million, according to data from Benzinga Pro. On Monday, the company reported confirmatory preclinical efficacy data for PORT-7 (TT-4), a selective adenosine A2B receptor inhibitor. The data will be presented at the American Association for Cancer Research...
Copyright 2023-2026 - www.financetom.com All Rights Reserved