Topics In Demand
Notification
New

No notification found.

Growth Of Indian Tech Startups in FY2022 | NASSCOM Strategic Review Report 2022

April 13, 2022

1925

0

Ashish Gupta– Senior Analyst - Product & Startups, NASSCOM Insights

Nirmala Balakrishnan, Research Practice Lead - IT-BPM & Industry Trends, NASSCOM Insights

Diksha Nerurkar, Research Practice Lead- Cloud & Edge, NASSCOM Insights

Naman Kishore- Lead - Community & Insights Marketing

India is now home to a $200B+ and growing Tech Industry!!! Yes, you heard it right, FY2022 has been a year of milestones for the Indian technology industry.

With 51% share in total services export and 9% share relative to National GDP, the technology sector has been leading the road to recovery for the Indian economy. For the first time in history, the Indian technology sector added $30B in a single financial year!

Even Covid-19 pandemic could not stop the resilience shown by the tech sector as it recorded a 15.5% YoY growth which is BTW the highest since FY2011.

Indian technology sector added 450,000 employees in FY 2022 – highest addition ever of which 44% were women Interestingly, with 1.8M women workers, the Indian technology sector is now the largest Pvt. sector employing women in the country.

 

Download NASSCOM Strategic Review Report 2022 here

Community by nasscom Insights is focused on building the largest online community catering to the Indian technology sector. The purpose of the community is to bring the latest trends and discussions onto a single platform. Our passion for tech drives the free-flowing exchange of ideas and visions from industry leaders and game-changers across India.


© Copyright nasscom. All Rights Reserved.