Friday, 24 March, 2023

India Inc's IT Spending is Expected to Climb 2.6% in 2023, Amid Inflation and Slowing Economy

<p>Despite the rapid layoffs in the sector, a recent Gartner analysis stated that India&#39;s IT spending is expected to climb 2.6% in 2023, with growth spending likely to remain moderate. Despite the looming concerns of global inflation and a weaker rupee, Indian firms are expected to expand their spending in key information technology categories next year.&nbsp;IT spending growth has grown compared to 2022, when it had dropped to 1.9%.</p>