McKinsey and Nasscom expect AI to unlock $500 billion opportunity for India’s tech services

Artificial Intelligence will play a decisive role in shaping the future of India’s technology services industry as AI. Notably, the rise of Agentic AI is expected to unlock $300–500 billion in new opportunities and mark the beginning of a new era where humans and intelligent AI agents work together as hybrid teams, a new report said on Tuesday.

The data compiled by Nasscom in collaboration with McKinsey & Company notes that between 2020 and 2025, the tech services sector witnessed deep shifts — from pandemic-driven digital acceleration to the disruptive rise of AI and changing geopolitics.

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