India to generate 2.7 lakh new jobs in 2016: NASSCOM

HYDERABAD. INDIA: Industry body NASSCOM is confident that India will generate 2.7 lakh new jobs in the next 12 months.

BVR Mohan Reddy, Chairman, NASSCOM, affirmed that the industry will manage $20 billion worth of extra revenues in 2016—an increase of 25 percent compared to FY2014-15 which reported $16 billion of revenue.

He said, “Majority of this growth would come from disruptive technologies such as automation and knowledge-based outsourcing projects. The industry is well on its course to achieve $225 billion revenues by 2020 and $350 billion by 2025.”