CIOInsider India Magazine

India's technology industry is experiencing remarkable growth. The IT sector alone is poised to contribute approximately 10 percent to India’s GDP, with export revenues projected to surpass $224 billion this year. Driving this success is the adoption of emerging technologies such as AI, cloud computing, and automation, which over 75 percent of Indian enterprises are integrating into their operations. This technology adoption is paired with robust government support.

The semiconductor industry, valued at about $38 billion in 2023, is expected to grow to $45–50 billion by the end of 2025. India is investing heavily in manufacturing capabilities, particularly in advanced chip design facilities developing 3-nanometer technology, aiming to become a significant player in the global semiconductor supply chain. The semiconductor industry’s growth is crucial to industries like defense, space, automotive, and telecommunications, leveraging silicon carbide technologies for enhanced performance in extreme conditions.

India’s fintech sector is also thriving, with over two dozen fintech startups reaching unicorn status in 2025. The sector has raised significant investment capital, with over $900 million raised in the first half of 2025 alone, primarily focusing on lending, payments, regtech and insurtech innovations.

On the other hand, artificial Intelligence (AI) in India is projected to grow to $8 billion by 2025, with expectations to triple by 2027, reaching $17 billion. India boasts 600,000 AI professionals, contributing 16 percent of the global AI talent pool. Government initiatives like India AI and digital public infrastructure support scalable AI innovation across sectors including healthcare, finance, and education. This surge in AI adoption is a strategic imperative driving India's position as a fierce tech competitor on the world stage. The timing couldn’t be any better to come up with our yearly special technology issue. Do let us know your thoughts.