India's IT industry back on upward trajectory

After the global economic slowdown of the past two years, India's IT Industry has reported better-than-expected earnings for the last quarter, putting it back on the upward trajectory. India's $ 60 billion technology services industry bounced back in 2010 after a gloomy 2009. Unveiling the information booklet of 'e-India 2010' India's largest information and communications technology fair to be held in Indian IT capital southern Hyderabad from 4th August, L.Suresh, President, IT Department, Government of Andhra Pradesh on Wednesday said the IT industry in India is now growing at 13 to 15 per cent.