Tech Sector

Geopolitical uncertainties and fragmented supply chains are forcing global businesses to prioritise trust and resilience over mere cost-efficiency, positioning India as a highly viable technology partner of choice, Nasscom President Rajesh Nambiar said on Tuesday. Speaking at the Nasscom Global Confluence 2026, Nambiar said the technology industry, which is heavily dependent on exports, is navigating an era of extraordinary transformation, noting that the reconfiguration of global value chains has fundamentally changed how countries and companies approach technology partnerships. "It used to be a fact that everybody optimised only for cost and efficiency... Those days are gone... Efficiency is important, but not necessarily the deciding factor. Resilience becomes much, much more critical. India sits at a very nice intersection of all these priorities, which makes us a very viable country to do business with. "...We are navigating this period where not just the geopolitical tensions,

Gas shortages triggered by the West Asia conflict are disrupting kitchens, restaurants and small industries in India, exposing the country's fragile LNG-dependent energy system

Country's tech industry generates $300 bn annual revenue

Next phase of India Semiconductor Mission to prioritise chip design firms, manufacturing equipment supply chain and advanced semiconductor talent

HCLTech has elevated company veteran Sandeep Saxena as Chief Growth Officer - Growth Markets 2, as it sharpens focus on India and other key regions such as West Asia and Africa

Survey finds 95% Indian telcos confident in monetising AI traffic; over half expect AI workloads to eclipse traditional cloud soon

MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge

A Bain & Co report warns the global tech services industry could lose up to 30% of revenue as growth slows, margins shrink and AI-driven disruption accelerates, pushing firms to overhaul operations

The non-tech sector collective continues to hold the majority contributor status (52 per cent), which it took over from the tech sector in October 2022

Most tech professionals are open to new opportunities, but they are increasingly selective about job roles that align with their values regarding purpose, career progression, and physical & emotional well-being, according to a report. In its latest Talent Trends Spotlight on Technology Report, Michael Page said that India's tech professionals are among the most confident and selective globally, driving changes in hiring expectations. As per the survey, which draws insights from nearly 5,000 tech professionals worldwide, including substantial data from the Indian market, 94 per cent of tech professionals are open to new opportunities, they are increasingly selective about job roles. The survey suggested that 39 per cent of tech professionals express the desire to explore international opportunities as their top motivator for switching, followed by 31 per cent seeking better pay hikes and growth prospects. Flexibility becomes non-negotiable for the tech talent in India. Around 26 ...

Deep tech and AI are extremely significant to us: these are emerging sectors with tremendous potential, says Ruparel

AI-powered cloud platform SkillsCapital has expanded its offering to include elite CTOs on demand for global startups and enterprises, a top company official said on Sunday. The new offering will help startups, scale-ups, and PE/VC-backed firms worldwide address one of their most critical challenges - finding the right technology leadership with flexibility, SkillsCapital Chief Technology Officer (CTO) Pawan Gupta said. The company's proprietary AI/ML engine evaluates CTOs across 400-plus leadership, technical, and cultural parameters, delivering a personalized and customized match for each organization's unique needs for technology leadership, Gupta said. This expansion comes at a time when global demand for senior technology leaders is soaring, he stated. As per studies, nearly 65 per cent of early-stage Indian startups struggle to scale due to gaps in CTO-level expertise, while global PE/VC firms report 20-30 per cent of portfolio companies facing delays and cost overruns linked

Tariffs are not impacting our industry directly in the sense that they impact goods and services, says Gangadharan

Over the last three years, Swiss Re globally went through an internalisation drive in the tech domain

The 5.5-hectare data park in Nava Raipur will support AI services including healthtech and fintech, with the first phase offering 5 MW capacity and future expansion planned

Infosys has leased the space "in need of office space for the purposes of carrying out the permitted business therefrom," the registration document said

It must build AI systems built on domestic datasets that don't have biases of the West, he says

As India looks to become a USD 7-trillion economy by 2030, the tech sector is poised to play a pivotal role by contributing about USD 1 trillion to the GDP, driving innovation that solves both domestic and global problems, nasscom's Rajesh Nambiar has said. The IT industry body President emphasised the critical role of technology in shaping India's future and noted that achieving this goal will require the tech sector to lead in innovation, particularly through deep tech, which will be instrumental in transforming various sectors such as healthcare and financial services. India's vision of becoming a Viksit Bharat by 2047 will be shaped not just by economic growth, but by the depth and the impact of technological innovations, he said during the inauguration of Startup Mahakumbh. "To achieve the ambition of becoming a USD 7 trillion economy for India, I think the tech sector alone will have to contribute roughly about a trillion dollars in terms of GDP, and this will have to drive ..

TeamLease Digital's latest report highlights GCCs leading gender diversity efforts, with female representation rising from 31.4% in 2020 to 38.3% in 2024, driven by DEI policies and global strategies

Across different stages of investment, late-stage startups attracted the highest total funding of $1.8 billion in Q1 FY25, compared to $1.3 billion in Q4 FY24