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India’s IT industry to hit $300-billion revenue mark in FY26: Nasscom report


India’s technology industry is expected to hit the $300 billion revenue mark in fiscal year 2026, according to a report by industry body Nasscom released Monday.The tech sector in India grew at 5.1%, adding $13.8 billion incremental revenue to reach $282.6 billion, from $268.8 billion in FY24, Nasscom said in its annual strategic review. The IT services recorded $137.1 billion in revenue growing 4.3%, followed by ER&D at $55.6 billion growing 7%.

The industry currently employs 5.8 million people, with 126,000 added in FY 2025, up from 5.67 million…



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