Forecasted distribution of IT spending in India 2016, by segment
This statistic shows the forecast information technology (IT) spending in India in 2016, by segment. In 2016, the largest sector is predicted to be IT hardware, which is expected to account for 68 percent of overall IT spending. In total, spending in the Indian information technology industry is forecast to amount to around 43.2 billion U.S. dollars. The IT industry in India has been revitalized by the massive wave of outsourcing from foreign companies and, in 2014, infrastructure outsourcing services accounted for the greatest amount of