India will be biggest market for IT services, as per this expert

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A leading IT expert said India will emerge as one of the biggest markets for IT services and hardware.
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Keshav Murugesh, Global CEO of WNS, said India will become an attractive market soon and all the steps that the Indian government is taking around the digital journey will pay off.

He said China will also be an important market.

"I think for India these are all early steps, and it depends on the scope, scale, and potential of India, it will be a huge market, and that doesn't mean that China does not have to be a big market either," he said.

Refuting reports that IT sector is resulting in job loss in India, he said job creation in India was far higher than job losses.

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"In fact, during 2017 when all this negative rhetoric was being seen, India actually created 170,000 additional jobs in the sector. I think all of that messaging has really, really helped, because the way industry and the government have worked together to allay the fears of both employees as well as getting support of and clients has been phenomenal," he said.

"While all of this is happening obviously there is this huge investment that is taking place in all of these other areas are driven by the IT minister and the Prime Minister," he added.

Murugesh said WNS is experiencing strong momentum and strong growth in North America across the US.

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