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IT spending News

Indian IT industry

30 Jan 2018

Software sector grew 8% in fiscal 2016-17: Survey

Union Finance Minister Arun Jaitley tabled the Survey report in Parliament yesterday.

19 May 2015

Banking, securities cos' IT spends to rise 15% to Rs 53,600 cr

IT spends by domestic banking and securities companies may grow by 15 percent to Rs 53,600 crore this year and rise further on expectations of more companies using RBI's 'on-tap' bank licensing, global technology consultancy Gartner said Tuesday.

01 Jan 2015

Domestic IT mkt to grow 12.3% in 2015, touch Rs 1.7 lakh crore

IT spending in the domestic market is expected to grow 12.3 percent to Rs 1.7 lakh crore this year, says a report.

04 Nov 2014

Banking, finance firms to spend Rs 47k cr on IT this yr

IT spending by banking and financial securities firms is expected to grow by over 10 percent to Rs 469 billion or around Rs 47,000 crore this year, research firm Gartner said today.

12 Oct 2014

Govt IT spending in India to reach $7.2 bn in 2015: Gartner

Emphasis on 'Digital India' initiative and use of technology to deliver citizen services is expected to help IT spending in the government sector in India to grow five percent to touch USD 7.2 billion in 2015, research firm Gartner said Sunday.

01 Jul 2014

Global IT spending to grow 2.1% to $3.7 trn in 2014: Gartner

For 2015, Gartner expects the total IT spending to grow 3.7 percent to USD 3.88 trillion.

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