IT growth momentum will be sustained in 2005

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Computer Reseller News (India) reports that IT growth momentum will be sustained in 2005 as per the IDC’s latest report :

The growth momentum attained in 2004 will be sustained in 2005 also and the domestic IT industry will reach another peak with 21.7 percent growth in 2005 over 2004, according to IDC India’s recently published research highlights.

“Last year we predicted that companies which would emerge successfully through the structural transformation underway in 2004 would be big winners in the next upturn. And 2005 is going to be the year of execution of choices made in 2004,” said Kapil Dev Singh, country manager, IDC (India).

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