Indian tech sector seen growing at 5.1% in FY25: Nasscom

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India’s technology sector is expected to grow at 5.1% this fiscal year, driven by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/engineering-research” target=”_blank”>engineering research and development as well as rising global capacity centres, its main industry body said on Monday.

The National Association of Software and Service Companies ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nasscom” target=”_blank”>Nasscom) expects the industry’s revenue to grow to $282.6 billion in fiscal 2025 and cross $300 billion in fiscal year 2026.

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Indian tech sector seen growing at 5.1% in FY25: Nasscom


India’s technology sector is expected to grow at 5.1% this fiscal year, driven by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/engineering-research” target=”_blank”>engineering research and development as well as rising global capacity centres, its main industry body said on Monday.

The National Association of Software and Service Companies ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nasscom” target=”_blank”>Nasscom) expects the industry’s revenue to grow to $282.6 billion in fiscal 2025 and cross $300 billion in fiscal year 2026.

Discover the stories of your interest

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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