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#GreyhoundInMedia: Govt bodies float e-tenders for ICT projects #Press #Media #Mint

The revenue opportunity from these projects could be as large as Rs.25,000 cr over the next few years. With the new government pushing for e-governance, government agencies have once again begun floating online tenders for information and communications technology (ICT) projects, a move that may give the domestic information technology (IT) market a much-needed fillip.

“The domestic IT market, which only includes domestic consumption and delivery, is growing at 15-17% at present. But if we take the pent up demand in consideration, it could grow as much as 20%,” said Sanchit Gogia, chief analyst and chief executive of Greyhound Research.
“If the budget brings about a slew of new measures for SMBs (small and medium businesses), that can also have an impact on the overall demand for domestic IT services.”
To read the Full Article, click here: Mint

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