India’s IT industry to hit $300-billion revenue mark in FY26: Nasscom report

February 24, 2025

, By The Economic Times

India’s IT industry to hit 0-billion revenue mark in FY26: Nasscom report

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India’s technology industry is expected to hit the $300 billion revenue mark in fiscal year 2026, according to a report by industry body Nasscom released Monday.The tech sector in India grew at 5.1%, adding $13.8 billion incremental revenue to reach $282.6 billion, from $268.8 billion in FY24, Nasscom said in its annual strategic review. The IT services recorded $137.1 billion in revenue growing 4.3%, followed by ER&D at $55.6 billion growing 7%.

The industry currently employs 5.8 million people, with 126,000 added in FY 2025, up from 5.67 million…

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India’s IT industry to hit $300-billion revenue mark in FY26: Nasscom report

February 24, 2025

, By The Economic Times

India’s IT industry to hit 0-billion revenue mark in FY26: Nasscom report

India’s technology industry is expected to hit the $300 billion revenue mark in fiscal year 2026, according to a report by industry body Nasscom released Monday.The tech sector in India grew at 5.1%, adding $13.8 billion incremental revenue to reach $282.6 billion, from $268.8 billion in FY24, Nasscom said in its annual strategic review. The IT services recorded $137.1 billion in revenue growing 4.3%, followed by ER&D at $55.6 billion growing 7%.

The industry currently employs 5.8 million people, with 126,000 added in FY 2025, up from 5.67 million…

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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Just Eat shares jump 54% after Prosus’ acquisition bid

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1st Indo-Pacific Business Promotion Council Summit Successfully Concludes in Seoul

The Economic Times

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