On Monday, Nasscom said the IT industry should end with $283 billion in revenue in FY25, which would mean a 5.1% growth from the year-ago period. Surprisingly, for the first time in a quarter of a century, it revised its FY24 revenue estimate from the $253.9 billion set in September to $268.8 billion. Nasscom also…
As the world’s largest democracy, India navigates a complex landscape of diverse cultures and socioeconomic challenges. In this ever-evolving environment, artificial intelligence (AI) has emerged as more than just a technological breakthrough; it is a catalyst reshaping India’s trajectory. Generative AI (GenAI) is poised to significantly impact India’s economy. Projections suggest it could add a…
Andhra Pradesh IT, Electronics and Human Resource Development Minister Nara Lokesh. | Photo Credit: K.V.S. Giri Andhra Pradesh IT, Electronics and Human Resource Development Minister Nara Lokesh on Wednesday, July 17, 2024, extended an open invitation to NASSCOM members to set up shop in the state, following concerns raised on neighbouring Karnataka’s proposal to reserve…
