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Indian IT spending to reach $54.8 bln by 2008

Indian information and communications technology (ICT) spending will surpass $54.8 bln by 2008, recording a 19% annual growth, from $29.

Indian information and communications technology (ICT) spending will surpass $54.8 bln by 2008, recording a 19% annual growth, from $29.5 bln posted in 2004, according to Gartner.