IT’s FY26 revenues set to grow 6.1% to $315 billion, says Nasscom

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India’s software services industry is expected to record $315 billion in revenues this financial year, marking a 6.1% growth and surpassing last year’s 5.1% rise, industry body Nasscom said in its annual strategic review.

Looking forward, Nasscom has projected a similar growth rate for FY27 as the AI transition phase may cause near-term slowdown.

The report pegged AI services revenue at $10-12 billion for FY26, as enterprises move beyond pilots to scaled deployments that begin delivering measurable returns on investment.

“Despite a very cautious macro…



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IT’s FY26 revenues set to grow 6.1% to $315 billion, says Nasscom



India’s software services industry is expected to record $315 billion in revenues this financial year, marking a 6.1% growth and surpassing last year’s 5.1% rise, industry body Nasscom said in its annual strategic review.

Looking forward, Nasscom has projected a similar growth rate for FY27 as the AI transition phase may cause near-term slowdown.

The report pegged AI services revenue at $10-12 billion for FY26, as enterprises move beyond pilots to scaled deployments that begin delivering measurable returns on investment.

“Despite a very cautious macro…



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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