According to projections for India’s technology sector, what is the expected revenue of the IT services industry in FY26?

India’s IT services industry revenue is projected to reach approximately $315 billion in FY26, according to industry estimates. This represents a 6.1% year-on-year growth rate, slightly higher than the 5.9% growth recorded in FY25. The expansion is expected to be driven largely by segments such as hardware and Engineering Research & Development (ER&D). The Indian IT sector remains a major contributor to the country’s economic growth, export earnings, and employment generation. It also continues to expand into advanced technology domains such as artificial intelligence, cybersecurity, cloud computing, and data analytics.