Nasscom on Monday said that there is no change in its forecast for infotech and IT-enabled services sector.
The industry body had earlier said that it expects an 11-14 per cent growth for the sector in US dollar terms during 2013.
“We will take another look in October. As of now, there is no change in the outlook,” said Nasscom's new Chairman, Mr N Chandrasekaran.
“Technology has a role to play in the growth of businesses. There is also tremendous opportunity in new technologies like mobility, big data and cloud. All this will play to the strength of Indian IT companies,” he added while responding to questions on concerns over lower than expected quarterly results declared by some of the big IT companies. He said the immediate challenges would be to tide over current environment in the market, expanding to the large untapped non-English speaking market and creating Indian products.
On the issue of Visa problems being faced by the industry, he said that companies are having to plan more deeper.
Mr Chandrasekaran succeeds Mr Rajendra Pawar, who served as Chairman of Nasscom for 2011-12. Mr Chandrasekaran has been a member of Nasscom's Executive Council and is also the CEO and Managing Director of Tata Consultancy Services.
Nasscom also announced the appointment of Mr Krishnakumar Natarajan, CEO of MindTree Ltd., as the Vice-Chairman of the Executive Council.
“One of the key priorities for Nasscom is to build the future companies of the industry and I look forward to work with Nasscom to take this initiative to greater heights,” said Mr Natarajan.