India’s overall IT spending is expected to grow 11.1% year-on-year to $161.5 billion in 2025, according to the latest forecast by research and consulting firm Gartner.
IT spending last year was $145.4 billion, which was a 9.8% growth over the previous year.
While the forecast for this year is a tad lower in percentage terms from Gartner’s November estimate of 11.2%, in absolute terms the spending is set to increase from $160 billion earlier estimated for 2025.
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