India SMEs Show 14% YoY Rise In ICT Expenditures

Small businesses are likely to marginally overtake their medium business compatriots vis-a-vis annual ICT spending growth rate, finds AMI Partners research.

March 22, 2013 / 14:40 IST

At a time when overall business growth in India has slowed significantly and the national GDP shows only a marginal rise the India small and medium business segment (SMEs, 1-999 employees) can be viewed as a beacon of hope. India SMEs show a 14 percent year-on-year rise in Information and Communication Technology (ICT) expenditures and their adoption of technology is likely to continue to increase.

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first published: Mar 22, 2013 02:30 pm

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