Nasscom has tentatively pegged the growth rate for IT industry for the financial year 2017-18 at 8-10 per cent.

It, however, will come out with a final projection in May.

"The current velocity of business growth would support that (8-10 per cent ). But this may go up or down (when it is revised in May)," Nasscom Chairman CP Gurnani told BusinessLine here on Thursday.

Nasscom, which used to come out with industry growth projections in February, deferred the announcement because of hazy business environment.

Gurnani, who is also CEO of Tech Mahindra, said Nasscom would analyse the situation after the fourth quarter results and come out with the final growth projections in May.

Expressing hope that there would be good growth, he said nothing had changed.

Asked about the US President Donald Trump's tough talk on immigration and on the likely bill on H1B visas, he said it was always there.

"Haven't we seen such bills earlier, " he asked.