Gartner’s India IT spending forecast up at $161.5 billion, down 11.1% in percentage terms

India’s overall IT spending is expected to grow by 11.1% to $161.5 billion in 2025 from $145.4 billion in 2024, which grew by 9.8% from 2023, according to the latest forecast by research and consulting firm Gartner.While this is a tad lower in percentage terms from its November forecast of 11.2%, in absolute terms, the spending is set to increase from the earlier estimate of $160 billion for 2025.

In comparison, the worldwide IT spending is estimated to increase by 9.8% to $5.61 trillion in 2025, up from $5.11 trillion in 2024.

In India, software and…