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Nasscom Says India’s Tech Services Now Earning $10–12 Billion from AI

Widespread agentic AI platforms and rising production deployments are pushing firms to sell proprietary platforms, domain IP and outcome-based services instead of growth by headcount.

Overview

  • Nasscom told delegates at its US CEO Forum on June 26 that India’s technology services sector is already generating an estimated $10–12 billion in revenue from AI-led services.
  • The industry reports more than 2 million professionals with AI skills and between 100,000 and 200,000 specialists trained in advanced AI techniques to support large-scale deployments.
  • About 25% of technology services firms have moved projects out of pilots into production, signaling a shift from experimentation to enterprise use of AI.
  • Nearly 85% of providers now offer agentic AI platforms, which Nasscom says could help create an additional $300–400 billion in addressable spending for services by 2030.
  • Industry leaders say the main near-term demand will be for system integration, legacy modernisation, data engineering, cybersecurity and AI governance as firms stitch models into production systems and operating controls.