India's IT services and BPO exports will grow 11%-14% in the fiscal year ending March 2013,...

|By:, SA News Editor

India's IT services and BPO exports will grow 11%-14% in the fiscal year ending March 2013, claims trade association Nasscom, down from an expected 16% clip for this fiscal year. Nasscom expects Europe to continue hurting global outsourcing demand, which fell 15% Q/Q in Q4. Infosys (INFY) offered a cautious demand outlook last month, and Cognizant (CTSH) provided soft guidance yesterday.