January 3, 2025 3:17 PM

Indian tech industry grows 3.8% in FY24, employs 5.43 million people

The technology sector in India grew by 3.8% in FY24, reaching a valuation of $254 billion, despite a challenging economic environment.   According to the '2025 Tech Trends Report' by Grant Thornton Bharat, the sector employed 5.43 million professionals during the year, marking a 1.1% growth in employment. Key areas of focus included generative AI, cloud, and cybersecurity skills.   Expansion into tier-2 and tier-3 cities is being viewed as a potential solution to bridge talent shortages in...