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India will continue to be the fastest growing domestic IT market in the Asia
Pacific region in 2006 with an estimated growth of 19% over 2005, according to
market research firm IDC. “The India domestic IT market is into a growth phase
and 2005 witnessed huge traction. Coming out of a slowdown in 2003, the industry
entered the next business cycle showing consistent growth in 2004-2005. IDC
predicts the growth story to continue in 2006 keeping 'the fastest growing IT
market in AP region' crown for India, intact.
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