IT’s FY26 revenues set to grow 6.1% to $315 billion, says Nasscom

India’s software services industry is expected to record $315 billion in revenues this financial year, marking a 6.1% growth and surpassing last year’s 5.1% rise, industry body Nasscom said in its annual strategic review.

Looking forward, Nasscom has projected a similar growth rate for FY27 as the AI transition phase may cause near-term slowdown.

The report pegged AI services revenue at $10-12 billion for FY26, as enterprises move beyond pilots to scaled deployments that begin delivering measurable returns on investment.