
India's tech industry is projected to grow 6.1% year-on-year to reach $315 billion in FY26, driven by AI, Global Capability Centres (GCCs), and research and development, according to Nasscom. AI services revenue is estimated at $10-12 billion, reflecting growing scaled deployments. The sector added 135,000 jobs, increasing total employment to 5.95 million, though workforce growth remains modest. Industry leaders highlight a shift toward productivity and measurable returns amid cautious macroeconomic conditions.
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