Wednesday, 22 January, 2025

Gartner Predicts $161.5 Billion IT Spending in India with a 11.1% Decline in Growth

Gartner forecasts India's IT spending will reach $161.5 billion, marking a decline of 11.1% in growth compared to previous projections. The reduction is attributed to global economic challenges and market uncertainties. Despite this, the IT sector continues to see robust investments in digital transformation, cloud computing, and enterprise software, with an emphasis on cost efficiency and technological advancements in the country.