India Tech Industry Projected to Reach $315 Billion in FY26 with AI Revenues $10‑12 Billion

The latest Nasscom strategic review outlines the size of India’s technology sector for FY26, the share of artificial intelligence in revenues and the recent trend in job creation. 

Industry Revenue Projection and Growth Rate 

Nasscom estimates total technology sector revenue at $315 billion for FY26. This reflects a 6.1% growth rate, a modest rise from the 5.9% expansion recorded in FY25. The increase is attributed to steady enterprise technology spending and broader adoption of AI solutions across industries. 

AI Contribution to the Sector 

AI revenues are now estimated at $10‑12 billion, representing a small but rapidly expanding portion of total earnings.  

Major service providers have disclosed AI income: TCS reports AI revenue of about $1.8 billion on an annualised run rate;  

HCLTech cites AI earnings of $146 million, roughly 4% of its topline;  

Infosys states AI accounts for 5.5% of its revenue, generating $275 million. These figures indicate that enterprises are moving beyond pilot projects to scaled AI deployments. 

Read More: Infosys Share Price in Focus; Targets $300-400 Billion AI Services Opportunity! 

Employment Trends in FY26 

The sector added approximately 2,000 net jobs year‑on‑year, bringing total net additions to around 1.35 lakh employees in FY26, a slight increase from 1.33 lakh in FY25.  

Overall workforce grew to 59.5 lakh employees, up from 58.2 lakh the previous year, marking a 2.3% rise in headcount. The modest job growth suggests a decoupling of revenue expansion from hiring, influenced by AI‑driven efficiency gains. 

Conclusion 

India’s technology industry is set to reach $315 billion in FY26, with AI revenues climbing to $10‑12 billion. While overall growth remains steady, employment expansion has largely plateaued, reflecting the impact of AI on operational models. 

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