Indian IT sector may see low single-digit growth in FY25: Nasscom

The Indian IT industry is expected to grow by 5.1 per cent to $282.6 billion in FY25, up from the 4 per cent growth in FY24. Nasscom, the industry body, said the sector was likely to surpass the $300 billion revenue milestone in FY26.

Though the growth rate remains in low single digits, the industry, which has been impacted by macro global headwinds, is slowly seeing an increase in year-on-year growth.