According to the industry body Assocham, the revenue of the Indian ICT (information and communication technology) sector is expected to touch USD 225 billion by 2020 on account of increasing internet penetration. Currently, the sector's revenue stands at USD 164.3 billion.
Assocham added that the sector would face challenges in 2018 too such as frequent changes in tax structure, inflexible labour laws and absence of funding mechanisms.
Assocham said that nearly whole of India's urban middle class has access to the Internet.
Assocham said that nearly whole of India's urban middle class has access to the Internet.
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