Indian Budget Creates Multiple Opportunities for Country's IT Industry
Earlier this week, martinwolf Senior Vice President Gaurav Sharma published an article in VCCircle analyzing India's Union Budget and what it means for the country's robust IT industry.
The Modi-led BJP government, which Gaurav earlier this month called the right choice in India's general election, has allocated $1.3B USD to IT-related  expenditures and has the potential for strong returns from emerging IT sub-sectors in India like Telecommunications, Big Data and Defense Technology.
Gaurav believes a greater emphasis on FDI and privatization of government organizations should foster future development and recovery of the sluggish Indian economy. He concludes that a "smart budget which will allow the Modi government to leverage IT can advance India's overall growth significantly."
For more information, click here to view the article.
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About martinwolf
Walnut Creek, CA Bangalore, India
With offices in the San Francisco Bay Area and Bangalore, India, martinwolf is a leading middle market M&A Advisory focused on companies in the IT Services, IT Supply Chain, IT-Enabled Business Process Outsourcing and Software as a Service (SaaS) space. Since 1997, our team has completed nearly 125 transactions in fifteen countries and sold six divisions of Fortune 500 companies.
The firm is also a presenting sponsor of the Global IT M&A Forum.
martinwolf is a member of FINRA and SIPC. For more information, visit www.martinwolf.com.
To learn more about martinwolf, contact Matthew Putzulu at mputzulu@martinwolf.com.
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