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Indian tech industry will receive $ 300 billion revenue in FY 2026

by Aaryan Srivastav
February 24, 2025
भारतीय टेक इंडस्ट्री वित्त वर्ष 2026 में 300 बिलियन डॉलर का राजस्व करेगी प्राप्त

New Delhi, 24 February (IANS). A latest report released by NASCOM on Monday said that the Indian technology industry can get a revenue of $ 300 billion in FY 2026. It has also been said that in the current financial year (estimated), the industry will recruit at least 1,26,000 new employees, which will make the total workforce 5.8 million.

Between the global economic patterns and changes in market dynamics, the current financial year has been the year of strategic flexibility, in which areas such as Engineering R&D and GCC have accelerated the development of technology industry in India.

According to the ‘annual strategic review 2025’ by the top body of the IT industry, the tech industry added an additional revenue of $ 13.8 billion, which added an additional revenue of $ 13.8 billion, causing total industry revenue (including hardware) in FY 2025 (Estimated) Got over 282.6 billion dollars.

Inspired by a continuous increase in domestic technical expenditure, India’s digital economy surpassed export growth for the second consecutive year, in which domestic technical revenue recorded the financial year 24 to 7 percent annual growth.

The report stated that the increase in data center capacity as well as an increase in adoption of enterprise software and cloud solution further carried forward this pace, which has increased investment.

NAScom President Sindhu Gangadharan said, “The rise of advanced AI implementation, the rise of agentic AI is disrupting business models and changing the GCC’s growing maturity industry as a hub for price and change. As technology global Geo-politics and trade dynamics are getting deeply associated with, enterprises should prefer technical skill change within the workforce. “

“It would be important to shape these trends and to maintain the long -term development of the technical industry,” he said, “he said.

The comprehensive digital economy now contributes an estimated 12 percent to the GDP, adding a digital public infrastructure to a 1 percent price increase.

The rapid expansion of e-commerce continues, growing at a 35 percent annual rate, the estimated gross goods price is close to $ 200 billion.

NASSCOM President Rajesh Nambiar said that India’s technical skills intensity would be an important driver of future development.

Whereas, overall AI is measured to adopt, more than 55 percent of AI activity by Indian technical service firms focuses on creating a long-term co-construction partnership to develop AI solutions prepared for the future.

-IANS

SKT/

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