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India's IT spending is booming, set to hit $176B by 2026
Business
India's tech scene is on a roll—IT spending is expected to jump 10.6% next year, reaching $176.3 billion.
This surge comes as more companies go digital and cloud services become the norm.
AI and cloud are leading the charge
Spending on data centers will soar by over 20%, fueled by investments in AI infrastructure and strong government support for building out India's AI ecosystem.
Software spending is also rising fast, with companies focusing on cybersecurity, machine learning, and better data tools.
More jobs and smarter devices ahead
IT services are set to grow too, thanks to demand for consulting and app upgrades.
And as demand for devices continues to rise, device spending will climb nearly 10%.
With India's skilled workforce in the mix, this tech growth looks set to stick around.