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.

洞察:
Nasscom has forecast that the information technology sector in India ININ 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.
Rajesh Nambiar, NASSCOM president, speaks during the NASSCOM Technology and Leadership Forum press conference in Mumbai, India, on February 24, 2026. REUTERS/Francis Mascarenhas
Rajesh Nambiar, NASSCOM president, speaks during the NASSCOM Technology and Leadership Forum press conference in Mumbai, India, on February 24, 2026. REUTERS/Francis Mascarenhas
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