The ongoing digital transformation taking place globally is making India's information technology (IT) industry stronger, a trend that would continue its growth momentum at least in the foreseeable future, says an expert.
Former President of the industry body NASSCOM (National Association of Software and Services Companies), R Chandrashekhar said 2018 has been a watershed year for the Indian IT industry because in 2016 people were writing its "obituaries."
Several companies are forming joint ventures and also acquiring companies which, Chandrashekhar said, are important strategies to keep the growth. "Growth momentum is strong and is expected to continue."