India’s Tech Industry Powers Ahead: NASSCOM Projects FY26 Growth with AI and Engineering Services

India’s technology sector continues to demonstrate resilience and expansion, according to the latest announcement by NASSCOM President. For FY26, the industry is set to remain a net hirer, creating 135,000 net new jobs, reinforcing India’s position as a global talent hub.

The President highlighted that global tech hubs and engineering services will serve as major growth engines, offering significant potential for innovation and value creation. Additionally, AI revenues are estimated to rise to $10–12 billion, reflecting the rapid adoption of artificial intelligence across industries and its role in driving digital transformation.

This outlook emphasizes India’s strong fundamentals in technology services, talent development, and innovation, positioning the country as a critical player in shaping the future of global tech.

Key Highlights

• India’s tech industry adds 135,000 net new jobs in FY26.
• Global tech hubs and engineering services identified as growth drivers.
• AI revenues projected at $10–12 billion for FY26.
• Industry outlook underscores India’s expanding role in global digital transformation.
• NASSCOM reaffirms India’s position as a leading global technology hub.

Sources: Business Standard, Economic Times, NASSCOM official announcements