New Delhi, Feb. 27 -- Industry body Nasscom sees the Indian IT sector surpassing the $300 billion revenue milestone in FY26. But it's also expected to witness a reset, with slower employee addition, higher costs, AI-driven growth, code-automation and more. Mint decodes the road ahead:
What is Nasscom's IT outlook?
The Indian technology industry is expected to grow at 5.1% and add $13.8 billion incremental revenue, taking the total to more than $282.6 billion in FY25, according to Nasscom estimates. In FY26, the tech business will reach a milestone of $300 billion, it said. The coming fiscal will also see more AI-led growth. FY25 was a year of strategic alliance, with growth driven by engineering and research & development and the global...
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