Indian IT holds just 1% of global tech value pools: BCG study

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India’s technology sector contributes 7% to the national GDP ($300 billion) and commands 17% of global IT services, and yet captures only 1% of high-growth global value pools such as semiconductors, hyperscalers, AI-first firms, and deep tech, a new BCG study said.

Nearly 85% of the $8.5-$10 trillion global tech market lies outside IT services, GCCs, and BPOs, in IP-led and capital-intensive segments growing at 10%-20% annual growth rate, raising questions about whether services-led growth alone can support India’s $1 trillion tech ambition.

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Indian IT holds just 1% of global tech value pools: BCG study



India’s technology sector contributes 7% to the national GDP ($300 billion) and commands 17% of global IT services, and yet captures only 1% of high-growth global value pools such as semiconductors, hyperscalers, AI-first firms, and deep tech, a new BCG study said.

Nearly 85% of the $8.5-$10 trillion global tech market lies outside IT services, GCCs, and BPOs, in IP-led and capital-intensive segments growing at 10%-20% annual growth rate, raising questions about whether services-led growth alone can support India’s $1 trillion tech ambition.

Rajiv…



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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