NASSCOM Forecasts Indian Tech Sector Growth
Analysis based on 7 articles · First reported Feb 24, 2026 · Last updated Feb 25, 2026
The Indian tech sector's projected 6.1% revenue growth to USD 315 billion in FY26, as reported by NASSCOM, signals a positive outlook for the industry. This forecast, coupled with continued job creation and a focus on Artificial intelligence, is likely to boost investor confidence in Indian technology companies and the broader economy of India.
NASSCOM, the Indian tech industry's lobby group, announced a positive outlook for the sector, projecting a 6.1% revenue growth to USD 315 billion in FY26. Despite geopolitical volatilities and changes driven by Artificial intelligence, the industry is expected to add 1.35 lakh new jobs, bringing the total direct employment to 59.5 lakh. Rajesh Nambiar, President of NASSCOM, highlighted the non-linearity between job and revenue growth but expressed satisfaction with the industry's role as a net employee generator. NASSCOM also upwardly revised its FY25 revenue estimate to USD 297 billion. The report noted that over 20 lakh employees have been upskilled in Artificial intelligence, with AI revenues estimated at USD 10-12 billion in FY26. Growth is particularly strong in the Asia-Pacific and Middle East regions, with the domestic market in India growing at 7.9%.
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