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Indian tech industry revenues to grow 6.1% to $315 bn in FY26: Nasscom

The revenue growth in FY26 increased marginally to 6.1 per cent in FY26 from 5.9 per cent in FY25 despite the headwinds, it said

artificial intelligence, Technology, IT hiring, OpenAI
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Press Trust of India Mumbai
1 min read Last Updated : Feb 24 2026 | 3:25 PM IST

Indian tech industry revenues for FY26 are set to grow 6.1 per cent to $315 billion, Nasscom said on Tuesday.

The industry lobby grouping revised up its FY25 revenues number to $297 billion from $282.6 billion earlier.

The revenue growth in FY26 increased marginally to 6.1 per cent in FY26 from 5.9 per cent in FY25 despite the headwinds, it said.

Its President Rajesh Nambiar said the industry continues to be a net job generator, and the overall number of employees is set to increase 2.3 per cent to 5.95 million in FY26 from 5.82 million in the year-ago period.

Nambiar said the overall number of employees added by the tech industry in FY26 is 1.35 lakh, which is marginally better than the 1.33 lakh added in FY25.

Amid the intense focus on AI, Nasscom said $10-12 billion of overall revenues for the sector come from the new-age tech solutions.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :NasscomIT Industry

First Published: Feb 24 2026 | 2:52 PM IST

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