IT Sector | DD News

February 4, 2026 5:04 PM

Semicon India Programme gains momentum with 10 project approvals; IT sector revenue touches $283 billion

India’s push to build a self-reliant semiconductor ecosystem under the Semicon India Programme has gathered significant momentum, with the government approving 10 major projects involving investments of about ₹1.6 lakh crore. At the same time, the country’s information technology (IT) sector has continued its strong growth trajectory, with total revenue reaching an estimated $283 billion in 2024-25. The information was provided by Union Minister of State (MoS) for Electronics and Informat...

September 22, 2025 4:27 PM

Sensex, Nifty end lower amid IT selloff and H-1B visa concerns

Indian benchmark indices ended in negative territory on Monday after a volatile trading session, with IT stocks leading the declines amid concerns over the US administration’s announcement of a $100,000 fee for new H-1B visas. The Sensex closed at 82,159.97, down 466.26 points or 0.56 per cent, while the Nifty ended the day at 25,202.35, down 124.70 points or 0.49 per cent. Both indices opened in the red, reflecting cautious sentiment following global cues and uncertainty over the visa fee. ...

July 17, 2025 2:32 PM

PM to visit Bihar and West Bengal; inaugurate key infrastructure projects

Prime Minister Narendra Modi will visit Bihar and West Bengal on Friday to launch a series of development projects worth over ₹12,000 crore, aimed at strengthening infrastructure, connectivity, and socio-economic growth in the two states. PM in Bihar Prime Minister will lay the foundation stone, inaugurate and dedicate to the nation development projects catering to Rail, Road, Rural Development, Fisheries, Electronics and Information Technology sectors. In line with his commitment to boost ...

March 21, 2025 12:21 PM

India’s MSMEs in IT sector to propel $450 billion services export target: Piyush Goyal

Recognizing the rapid growth of India’s Micro, Small, and Medium Enterprises (MSMEs) in the Information Technology (IT) sector, Union Minister of Commerce & Industry, Piyush Goyal, highlighted the sector’s crucial role in achieving the country’s ambitious $450 billion services export target. Speaking at the Global Confluence 2025 organized by Nasscom in New Delhi on Thursday, Goyal emphasized that MSMEs in industries such as IT, tourism, business accounting, and financial services are ...

March 12, 2025 7:53 PM

India’s IT services firms likely to post 4-6% revenue growth in FY 2026

Indian IT services companies are expected to record a moderate 4-6% growth in USD terms in FY 2026, according to an ICRA report released on Wednesday. ICRA anticipates that attrition levels will stabilize around the long-term average of 12-13%. Moreover, hiring is likely to remain low until the growth momentum picks up by the end of FY 2026, the report states. Deal wins for the 15 leading large- and medium-sized listed Indian IT services companies have remained resilient in recent quarters. In...

February 24, 2025 4:30 PM

India’s tech sector poised to reach valuation of $350 billion in five years: Rajnath Singh

India’s technology sector is projected to reach a valuation of $300-350 billion over the next five years, Defence Minister Rajnath Singh said on Monday. Speaking at the 16th Foundation Day of the Indian Institute of Technology (IIT) Mandi in Himachal Pradesh, Singh urged students to seize opportunities to drive technological progress both domestically and globally. “With more than 1.25 lakh start-ups and 110 unicorns, our country is emerging as the third-largest startup ecosystem in the wo...