India IT sector revenue set to hit record 315 billion dollars as AI demand grows
India's IT sector is set to reach 315 billion dollars this fiscal year as AI demand offsets market volatility. Nasscom expects the industry to add 135,000 jobs.
Insights:
Nasscom has forecast that the information technology sector in India 
IN will grow 6.1 percent year-on-year to reach $315 billion in the fiscal year ending March 31, 2026. This projection, released on February 24, indicates that the industry will surpass the $300 billion milestone for the first time. The industry body cited easing tariff and trade tensions as well as rising investments in artificial intelligence as the primary drivers behind this performance.
IN will grow 6.1 percent year-on-year to reach $315 billion in the fiscal year ending March 31, 2026. This projection, released on February 24, indicates that the industry will surpass the $300 billion milestone for the first time. The industry body cited easing tariff and trade tensions as well as rising investments in artificial intelligence as the primary drivers behind this performance.
