CIOInsider India Magazine
Statistic In Focus
Expanding at a rate of 5.1 percent, the technology sector in India contributed an additional $13.8 billion in revenue, elevating the industry's total earnings to over $282.6 billion (inclusive of Hardware) for the fiscal year 2025, according to NAASCOM's Annual Strategic Review 2025.
Although the adoption of AI overall is progressing at a cautious pace, over 55 percent of AI initiatives undertaken by Indian tech service firms are concentrated on forming enduring co-creation partnerships to design scalable, future-ready AI solutions.
Significantly, more than 90 percent of the top 20 service companies are incorporating AI, Cloud, Data, and GenAI into their business operations, with 10-15 percent of enterprise GenAI proof-of-concepts advancing to full-scale production.
