Top 5 Significant IT Trends Of India In 2014


Bangalore: India isn’t exactly at its prime right now, but far from it. Rupee’s free fall against the major currencies, delayed political reforms and various other scams are all having a negative impact on the country’s growth. Despite all this, it is expected the Indian economy will start picking up in the year 2014, with the contributing factors being good monsoons, improving exports and large scale infrastructure projects that should be launched soon.

Meanwhile, technology and market research company Forrester Research’s Asia Pacific (AP) analyst team recently published its IT predictions for2014. Let’s take a look at the top IT trends that will be critical to the Indian market in the coming year, based on a Forrester blog article.

#5 India’s IT purchases to grow by 8 percent

“Despite broader challenges in the country's economy, Forrester expects Indian IT purchases to grow by 8 percent in local currency in 2014.” reads the article. According to them, the political instability that will ensue after the April 2014 national elections will be the biggest threat to the country’s economic growth. Only after the government has stabilized itself will the country have a chance to return to a high economic growth state, but even that will require certain bold and tough decisions to be made by the government.

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