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India continues to be the highest growing nation in terms of domestic IT Spending in the entire developing Asia-Pacific region. Retail vertical is expected to witness the maximum growth in IT Spending (CAGR of 33.4%) government and education and BFSI verticals have emerged as major IT Spending verticals. The market for smart hand-held devices is the fastest growing market in India with a CAGR of 23.3% for 2007-2012.

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