India's IT spending to grow 9% to $87 bn in 2018: Gartner

India's IT spending is projected to grow 9.2 per cent $87.1 billion in 2018 on the back of consumer demand for smartphones and businesses embracing technology to be ahead of their peers, according to the latest forecast by Gartner, Inc.

In 2017, India spent $79.7 billion on technology, as organisations across sectors used technology to improve efficiency and grow business, the researcher said in a statement.

"Digital business transformation is creating connected platforms and new industry revenue streams," said Ganesh Ramamoorthy, managing vice president at Gartner India. "Organisations that are not creating new digital business models, or new ways to