India’s IT sector poised to cross $400 billion by 2030 on AI-driven outsourcing boom: Bessemer Venture Partners

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India’s $264 billion information technology sector could surge past $400 billion by 2030 as artificial intelligence reshapes global outsourcing, according to Silicon Valley venture capital firm Bessemer Venture Partners.

The firm’s latest AI Services Roadmap Report suggests that AI will not disrupt India’s IT industry but rather drive its next phase of growth.

Speaking to CNBC-TV18, Nithin Kaimal, COO and Partner at Bessemer Venture Partners, said the confidence in this projection stems from how AI is accelerating the evolution of outsourcing….



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India’s IT sector poised to cross $400 billion by 2030 on AI-driven outsourcing boom: Bessemer Venture Partners


India’s $264 billion information technology sector could surge past $400 billion by 2030 as artificial intelligence reshapes global outsourcing, according to Silicon Valley venture capital firm Bessemer Venture Partners.

The firm’s latest AI Services Roadmap Report suggests that AI will not disrupt India’s IT industry but rather drive its next phase of growth.

Speaking to CNBC-TV18, Nithin Kaimal, COO and Partner at Bessemer Venture Partners, said the confidence in this projection stems from how AI is accelerating the evolution of outsourcing….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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