For IT industry, GST roll-out a $1 bn business

The Indian IT industry is chasing a $1-billion opportunity with the advent of the GST regime, at a time when the sector is going through a bad patch with a slowing demand environment. Industry observers feel that the GST roll-out will provide the sector an opportunity akin to the Y2K phenomenon, at the turn of the millennium. “It is a Rs 6,000 crore opportunity,” said Mohandas Pai, former board me…