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India's IT spend may rise 10.6% to $176 bn in 2026

Business Standard

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November 19, 2025

India’s information technology (IT) spend is projected to touch $176.3 billion in 2026, rising 10.6 per cent from 2025, and outpacing the 9.8 per cent growth expected globally, according to the latest forecast by Gartner Inc., a business and technology insights company.

- SHIVANI SHINDE

India's IT spend may rise 10.6% to $176 bn in 2026

The growth is being propelled by investments in data centres and software, according to its latest forecast. For 2025, Gartner had projected 11.2 per cent growth in India’s IT spend, taking it to $160 billion.

The data centre segment in India is projected to record the highest annual growth rate of 20.5 per cent in 2026. It would continue to outpace all other IT segments despite moderating from 29.2 percent in 2025, said the report. “Enterprises in India are accelerating their adoption of Cloud and digital technologies, which will drive sustained and robust growth in IT spend in 2026,” said DD Mishra, vice-president (VP) analyst at Gartner.

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Business Standard

Business Standard

India, Israel ink terms of reference to launch FTA talks

India and Israel on Thursday inked terms of reference (TOR) to formally launch negotiations for a free trade agreement (FTA), Commerce and Industry Minister Piyush Goyal said.

time to read

1 min

November 21, 2025

Business Standard

Business Standard

'India can be the most important country in the world for AI'

Betting on AI-powered search, Kirthiga Reddy, CEO and cofounder of AI-focused technology companies OptimizeGEO and Verix, is helping brands navigate how consumers build trust, relevance, and business in an AI search-led world. In a face-to-face interview with Peerzada Abrar, on the sidelines of the Bengaluru Tech Summit, Reddy, who was Facebook's India MD and also their first employee in the country, discusses why Indian tech companies aren't moving fast enough and why she believes India could be most important country in the world for AI. Edited excerpts:

time to read

3 mins

November 21, 2025

Business Standard

Business Standard

In a first, banks' loan-deposit ratio breaches 80%

Another rate cut will make mobilising resources tough

time to read

3 mins

November 21, 2025

Business Standard

Business Standard

TPG to pump $1 bn into TCS data centre biz HyperVault

India's largest informa- tion technology services firm, Tata Consultancy Services (TCS), on Thurs- day said it has secured $1 billion from global alter- native asset manager TPG to accelerate its data centre business, Hyper- Vault.

time to read

2 mins

November 21, 2025

Business Standard

Business Standard

₹50 trillion and counting: Equity mutual fund assets hit a new high

Steady inflows drive jump, cementing MFs as the go-to route for equity market participation

time to read

2 mins

November 21, 2025

Business Standard

Business Standard

‘Confident of good trade deal with US’

RBI Guv Malhotra said the BTA will relieve pressure on the ₹

time to read

2 mins

November 21, 2025

Business Standard

Reliance stops Russian oil buys

Move comes ahead of US sanctions that kick in today

time to read

3 mins

November 21, 2025

Business Standard

Business Standard

‘India should focus more on mkt-based research’

Infosys Science Foundation (ISF) gave away the annual Infosys Prize in six categories — economics, engineering and computer science, humanities and social sciences, life sciences, mathematics and physical sciences last week. K Dinesh, Infosys cofounder and president of ISF, talks with Avik Das on the sidelines of the event on how to improve India’s research ecosystem. Edited excerpts:

time to read

2 mins

November 21, 2025

Business Standard

Hope versus reality in coalition politics

Come election season, and publishers waste no time in rolling out books by or about politicians, both dead and alive.

time to read

3 mins

November 21, 2025

Business Standard

Business Standard

L&T to ramp up space, defence manufacturing

Larsen & Toubro (L&T), the $30 billion engineering-to-construction conglomerate, is ramping up its ambitions in the advanced manufacturing industry, with special focus on making products in India in the electronics, space, defence, and semiconductor segments, which can cater to local as well as global markets.

time to read

2 mins

November 21, 2025

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