Indian tech sector revenues to grow 5.1 per cent in FY25
Indian tech sector’s revenues are set to grow 5.1 per cent to $282.6 Billion in fiscal year 2025, and likely to climb up further to $300 Billion in fiscal year 2026, lobby grouping Nasscom said on Monday.
The revenue growth is on the “right trajectory”, the body’s president Rajesh Nambiar told reporters here, pointing out to revenue growth of four per cent in fiscal year 2024, 5.1 per cent in fiscal year 2025 and the over 6.1 per cent needed to cross its expectation of crossing $300 Billion in fiscal year 2026.
“It has been a good outcome broadly given everything happening around us,” Nambiar said pointing to aspects like geopolitics, and tariffs which are dominating the worries at present.