Software exports seen growing 5.5% in 09/10: NASSCOM

India's software and services exports should rise 5.5% in the year to March 2010 to  $49.7 billion, an industry body said on Thursday, in line with an earlier forecast for 4-7% expansion.                                           

In the year to March 2011, they should grow an annual 13-15%, with the recovering world economy boosting demand for outsourcing, the National Association of Software and Service Companies (NASSCOM) said.                                           

The sector's export growth had slowed to 16% in 2008-09 from more than 20% in previous years for outsourcing.                                           

Business has been picking up and leading companies such as Tata Consultancy services, Infosys Technologies and Wipro beat quarterly forecasts.