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IT services may grow 6-8% this fiscal, margins to be hit: Icra

Wednesday, June 12, 2019, 10:05 AM

India's IT services sector revenue is expected to grow 6-8% in dollar terms this fiscal year, on continued demand for newer digital services from clients, ratings agency Icra has said. IT firms reported higher deal wins in the preceding year, while net employee addition increased for a majority of companies, signalling stable demand for the IT services sector, it said.