IDC sees India's IT spending drop by 4.5 pc in 2020 amid COVID-19 pandemic

It said growth in spending on software this year is expected to drop to 4.1 per cent due to the impact of COVID-19 pandemic, as compared to 2019 growth rate of 16.7 per cent as enterprises re-look at their buying decisions owing to increased focus on profitability. Growth in IT services is expected to be almost flat at 6.9 per cent.

https://ift.tt/35pLitt