Nasscom Projects 6.1% Growth and 135,000 Job Additions in Indian Tech Sector for FY26

Nasscom projects the Indian tech industry's revenue to grow 6.1% to USD 315 billion in FY26, revising FY25 revenues upward to USD 297 billion. Despite challenges like AI-driven disruption and tepid demand, the sector remains a net job generator, adding approximately 135,000 jobs to reach 5.95 million employees. Growth is driven by AI-led services and global capability centres, with AI-related revenues estimated at USD 10-12 billion. Leading IT firms report improved demand prospects for FY27 amid market volatility.