IT hubs News
Minister said India was on track to achieve its merchandise exports target of $400 billion this year, while services exports were likely to be about $240 billion to $250 billion.
Piyush Goyal welcomed the IT industry’s proposal to start IT hubs in tier-2 and tier-3 towns.
IT industry leaders said the sector had seen strong growth last year, and in the past week, strong earnings reported by companies has set a positive tone for the years ahead.
Two IT employee groups have flayed the steep hike in compensation awarded to top executives of Infosys, terming the move by the software giant as "painful" amid job losses in the industry.
Bengaluru has the lowest vacancy of office space at nearly 4 percent among the seven major cities on account of robust demand from corporates, according to property consultant JLL India.
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