India's IT-BPM Sector
Structure and Economic Significance
India's Information Technology and Business Process Management (IT-BPM) sector is the largest private-sector employer in the organised economy and the country's foremost services export earner. As of FY2025, the industry generated revenues of approximately $283 billion (a 5.1% YoY growth), contributing about 7.3% of GDP and accounting for roughly 43–45% of India's total services exports. India remains the world's leading destination for IT offshoring.
- The industry employs approximately 5.8 million technology professionals directly.
- NASSCOM projects the sector could reach $350 billion in revenue by 2026, contributing 10% of GDP.
- Key services include software development, IT consulting, cloud services, Business Process Outsourcing (BPO), and Knowledge Process Outsourcing (KPO).
- The United States accounts for the largest share of India's IT export revenues, making the sector highly sensitive to US economic cycles and geopolitical disruptions affecting US client spending.
- Top firms by revenue: TCS, Infosys, Wipro, HCL Technologies, Tech Mahindra.
● Tracked since February 18, 2026 · last seen April 27, 2026 · updates as the daily brief publishes
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