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Will 2017 be a recession year for the IT industry in India? - Quora Discussion

Rahul Narayan Answered May 30


A2A. Well, in short NO, there won’t be an economic deadline in the IT industry in the next two quarters or in near future. Hence no possibility of recession. recession: a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Now why such speculation? Majorly due two reasons: