IT sector likely to get a booster shot as firms plan to spend more

Having been able to brave pandemic-triggered business challenges to a large extent, Indian IT and IT-enabled services (ITeS) sector is staring at a favourable business environment.  According to a report by industry body Nasscom, IT spending is expected to get a further boost as a majority of the clients would reprioritise spending to strengthen digital capabilities and cloud migration apart from increasing the overall IT budget. According to the report, titled Future of Technology Services – Navigating the New Normal, 87 per cent of the client chief investment officers .....

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