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Industry: Tech growth likely to be slower: Nasscom

	October 06, 2008

National Association of Software and Service Companies (Nasscom) has cautioned that with the tentacles of Lehman Brothers fiasco unfolding on the Indian software companies, Indian software and services growth could be slower than expected in 2008/09. Nasscom may revise its growth projections in December. The association in July had forecast revenue growth between 21 per cent and 24 per cent to about $50 billion in the year to March 2009. However, the financial turmoil has led India's informat ...