India’s IT spending to grow 10.6% to reach $176.3 billion in 2026

India’s IT spending is expected to reach $176.3 billion in 2026, up 10.6% on-year, driven by accelerating adoption of cloud and digital technologies, a report said on Tuesday.

The data centre systems segment is projected to record the highest annual growth rate, rising 20.5% in 2026 to $9,385 million. Evolving data privacy and sovereign cloud requirements are expected to drive growth in this segment through 2026, the report from Gartner said.