New Delhi: India’s information technology sector is likely to maintain a steady pace of growth in the coming years with analysts projecting an expansion of 6–7% by FY27. The industry which employs millions and accounts for a large share of the country’s exports is expected to benefit from the growing use of artificial intelligence and a revival in corporate demand from the United States.
According to a report cited by The Economic Times the outlook for Indian IT remains broadly positive even as global uncertainties continue. Companies have begun to invest heavily in AI-led solutions ranging from automating back-end processes to building new platforms for international clients. The recovery in the US corporate sector which is the single largest market for Indian IT services is also expected to provide a cushion for revenues.
Industry observers however caution that the road ahead will not be without challenges. Margin pressures, cautious client spending and delays in contract approvals could slow the pace of recovery. Despite this the consensus view is that Indian IT firms are better prepared to adapt to changing demands particularly as businesses worldwide shift towards digital and cloud-based operations.
The report underlines that India’s IT industry continues to play a critical role in the country’s economic growth story. A projected 6–7% expansion by FY27 would reaffirm its resilience and strengthen its position in shaping the future of technology through artificial intelligence and data-driven services.
