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Indian tech sector seen growing at 5.1% in FY25, Nasscom says

Summary by WTVB
MUMBAI (Reuters) – India’s technology sector is expected to grow at 5.1% this fiscal year, driven by 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 (Nasscom) expects the industry’s revenue to grow to $282.6 billion in fiscal 2025 and cross $300 billion in fiscal year 2026. (Reporting by Haripriya Suresh and Sai Ishwa…
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Indian tech sector seen growing at 5.1% in FY25, Nasscom says

MUMBAI (Reuters) – India’s technology sector is expected to grow at 5.1% this fiscal year, driven by 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 (Nasscom) expects the industry’s revenue to grow to $282.6 billion in fiscal 2025 and cross $300 billion in fiscal year 2026. (Reporting by Haripriya Suresh and Sai Ishwa…

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DevdiscourseDevdiscourse

Indian Tech Sector Set to Surge Towards $300 Billion: Nasscom Report

Indian Tech Sector Set to Surge Towards $300 Billion: Nasscom Report The Indian technology sector is poised for significant growth, with revenues expected to increase by 5.1% to USD 282.6 billion in FY25, according to lobby group Nasscom. The sector might reach the USD 300 billion mark by FY26, Nasscom stated on Monday.Despite facing geopolitical issues and tariffs, the sector is on a promising growth trajectory, explained Nasscom President Raje…

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The Hindu PatrikaThe Hindu Patrika

Indian IT Industry to grow 5.1 per cent in FY25, expected to cross $300 billion in FY26: Nasscom

The Hindu Patrika Indian IT Industry to grow 5.1 per cent in FY25, expected to cross $300 billion in FY26: Nasscom Nilesh Desai NEW DELHI: India’s IT sector is projected to grow by 5.1 per cent in the monetary yr 2024-25 (FY25), reaching revenues of $282.6 billion, trade physique Nasscom stated on Monday. The sector is expected to surpass the $300 billion mark in the upcoming fiscal, reflecting a 6 per cent rise from FY25 ranges, Nasscom presid…

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The Hindu Patrika broke the news in on Monday, February 24, 2025.
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