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Tech industry boosted by AI expected to hit $315 billion

by Blitz India Media
February 24, 2026
in News
0
India tech industry revenue FY26
Blitz Bureau

NEW DELHI: India’s technology industry, boosted by artificial intellingence (AI) is expected to reach $315 billion in revenue in FY26 — marking a 6.1 per cent growth over the previous year, a report said on February 24. The data compiled by Nasscom showed the past year proved to be a turning point for the sector, as artificial intelligence (AI) moved from small-scale experiments to real business use, reshaping how companies operate and deliver services.

Despite global economic uncertainty and a broader reset in business spending, demand for technology services remained strong. However, clients are now focusing more on measurable returns, higher efficiency and outcome-based transformation.

AI revenue alone is estimated to have crossed $10-12 billion in FY26, showing that companies are now deploying AI at scale and backing it with dedicated budgets. The report highlighted that India’s tech industry continued to create jobs even as automation and AI adoption increased.

The total workforce grew by 2.3 per cent during the year. More than two million professionals were trained in AI skills, including 200,000 to 300,000 in advanced AI capabilities. The industry is increasingly building “Human + AI” teams, where employees work alongside AI tools to improve productivity and deliver better results.

Sindhu Gangadharan, Chairperson of Nasscom, said AI is not just improving efficiency but also creating new career opportunities. She noted that as AI becomes part of everyday business functions, roles are being redesigned with greater focus on outcomes, deeper specialisation and higher AI skills.

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