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Indian IT spending to rise 7% to reach $101.8 billion in 2022: Gartner

Indian CIOs are likely to increase spending on projects that drive innovation and modernise legacy systems, Hiring suitable workforce will also be a key priority, says research firm

IT sector, IT companies, Deals
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Neha Alawadhi New Delhi
IT spending in India is forecast to total $101.8 billion in 2022, up seven per cent from 2021, according to the latest forecast by research firm Gartner, Inc.

“The digital transformation trajectory that began as a pandemic response is here to stay for the next few years,” said Arup Roy, research vice president at Gartner. “India has experienced one of the fastest recoveries despite being one of the worst hit regions in the second wave of the pandemic in early 2021. In 2022, CIOs (chief information officers) in India will build on renewed interest in technology from the business to