IT sector revenue growth to remain stable at 6% through FY27: Brickwork Ratings
The sector recorded $418 billion in services exports in FY26, while revenue growth is estimated at 6.1 per cent
The India IT sector is expected to maintain stable revenue growth at 6% through FY27, according to Brickwork Ratings. This growth is driven by the shift from volume-based contracts to high-value digital services, propelled by hyper-automation and AI advancements. In FY26, the sector recorded $418 billion in services exports, with a projected 6.0% growth for FY27.
Early Q1 FY27 results from the sector's largest firms support this trend. However, the sector faces challenges such as wage hikes, increased investment in AI talent, and geographical concentration risks. Despite these challenges, the sector remains on track, supported by strong technology exports, AI adoption, and policy support.
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