Infographics on IT Industry & BPM in India

India's IT industry is likely to hit the US$ 350 billion mark by 2026 and contribute 10% towards the country’s GDP.

Advantage India

Growing
Demand

*In FY22, the top three Indian IT companies, TCS, Wipro and Infosys, were expected to offer 1.05 lakh job opportunities due to the increasing demand for talent and skill.​

*India‘s IT and business services market is projected to reach US$ 19.93 billion by 2025.​

*The IT spending in India is estimated to record a double-digit growth of 11.1 percent in 2024, totaling $138.6 billion up from $124.7 billion last year.

Growing Demand

Global
Footprint

*Indian IT firms have delivery centres all across the world.

*IT & BPM industry is well diversified across verticals such as BFSI, telecom and retail.​

*Increasing strategic alliance between domestic and international players to deliver solutions across the globe.​​

Global Footprint

Competitive
Advantage

*India’s technology industry is on track to double its revenue to US$ 500 billion by 2030.​

*India’s overall Digital Competitiveness Score of 60 (on 100), ahead of every BRICs nations besides China, refelects the rise of tech talent in the country,​

Competitive Advantage

Policy
Support

*In the Union Budget 2024-25, the allocation for IT and telecom sector stood at Rs. 1,16,342 crore (US$ 13.98 billion).​

*The government prioritizes cybersecurity, hyper-scale computing, AI, and blockchain. With data costs at Rs. 10/GB ($0.12/GB), India ranks among the world's cheapest.​

Policy Support
Last updated: Jan, 2025

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