FY26 Revenue Growth Accelerates to 6.1 Percent
Mumbai, February 24: The Indian technology industry is projected to reach USD 315 billion in revenue in FY26, reflecting a growth rate of 6.1 percent, according to industry body Nasscom.The growth marks a marginal acceleration compared to FY25, when revenues rose by 5.9 percent. Nasscom also revised its FY25 revenue estimate upward to USD 297 billion from the earlier projection of USD 282.6 billion.
Despite prevailing challenges, the industry is expected to sustain steady momentum into FY26, supported by expanding digital adoption and emerging technology demand.
Tech Sector Remains a Net Job Creator
Nasscom President Rajesh Nambiar stated that the Indian tech industry continues to generate net employment.The total workforce in the sector is projected to increase by 2.3 percent to 5.95 million in FY26, up from 5.82 million in FY25.
In absolute terms, the industry is expected to add 1.35 lakh employees in FY26, slightly higher than the 1.33 lakh jobs added in the previous financial year.
This steady rise in employment highlights the sector’s resilience and its role as a significant contributor to India’s services economy.
AI and New-Age Technologies Drive Revenue
Amid growing focus on artificial intelligence and advanced digital capabilities, Nasscom noted that USD 10 billion to USD 12 billion of the sector’s total revenue now comes from new-age technology solutions.The contribution from AI-led and emerging technology services underscores the industry’s evolving revenue mix and its shift toward higher-value digital offerings.
With projected revenue of USD 315 billion and continued workforce expansion, the Indian tech industry is set to maintain stable growth in FY26, reinforcing its position as a key pillar of the country’s economic landscape.
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