business mammoth size indian it industry valued at 254 billion employs a massive 5 43 mn people

Mammoth Size: Indian It Industry Valued At $254 Billion, Employs A Massive 5.43 Mn People

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New Delhi: Despite a challenging year, the Indian technology industry, valued at $254 billion, grew by 3.8 per cent (year-on-year) in FY24, according to a report on Friday. The tech industry employed 5.43 million professionals, with a growth rate of 1.1 per cent in FY24, focusing on Generative AI, cloud and cybersecurity skills. The expansion into tier 2 and 3 cities is seen as critical to bridging talent shortages, according to Grant Thornton Bharats 2025 Tech Trends Report. As far as