India’s $315B tech industry embraces AI at scale, 2 million professionals upskilled: Nasscom 2026 report

Nasscom today released the findings from its Annual Strategic Review 2026, highlighting how the past year marked a decisive inflection point for India’s tech industry, where AI moved from experimentation to function-specific, reshaping operating models and accelerating productivity. Highlighting the industry’s ability to create new roles as ‘Human + AI’ teams become the dominant delivery construct.

In a year defined by global uncertainty and a broad economic reset, technology demand remained resilient, but shifted decisively toward measurable ROI, efficiency and outcome-led transformation. AI revenue is estimated at upwards of $10 – 12 bn in FY26, reflecting the shift to scaled deployments and ROI-driven adoption.

India’s tech industry sustained strong momentum, with estimated revenue of $315 billion in FY26, a 6.1% increase, led by broad-based expansion across key segments. While AI-led transformation accelerated, the industry continued to be a net hirer, with headcount increasing by 2 ...