Despite such instability, a recent assessment by trade group Nasscom indicates that India’s technology sector is expected to generate over $300 billion in sales by fiscal year 2026 (FY26). According to the research, substantial advancements in artificial intelligence (AI), especially the incorporation of agentic AI, will push the industry’s growth and cause significant changes in business models across organizations.
Artificial intelligence systems that can act autonomously, make choices, and take action to accomplish particular objectives without requiring continual human input are referred to as agentic AI. It may be compared to an intelligent assistant that can determine what needs to be done and complete it without being told.
The economic insights presented in Nasscom’s research have been warmly received by several industry executives.
Sanjeev Jain, Chief Operating Officer, Wipro Limited said, “NASSCOM’s review strikes a prudent balance between celebrating India’s tech sector resilience and the complex realities of a fragmented global economy. While a positive outlook of continued resilience in advanced economies and stability in technology services spending offers new opportunities, the macroeconomic headwinds outlined in the review demand a strategic recalibration. At Wipro, we’re aligning with NASSCOM’s call to prioritize growth fuelled by Al, Cloud, cybersecurity and emerging technologies for our industry to hit the $300 Bn milestone in FY26, while navigating a dynamic and challenging landscape.”
The emphasis on resilience, digital trust, and AI-driven innovation will be crucial to sustaining momentum and reaching the ambitious $300 billion objective by FY26 as India’s IT industry continues to grow.
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