Government’s IT spending in India to grow 8.9% to $8.5 bn in 2018

GDP forecast in India and ChinaIT spending in the Indian government sector is expected to grow at 8.9 percent to reach $8.5 billion in 2018 from an estimated spending of $7.8 billion in 2017, according to Gartner.

Software spending will grow by 15.6 percent in 2017, and will grow another 15.1 percent in 2018 to $1.2 billion.

IT services spending will grow by 15.3 percent in 2017 to $2 billion in 2017, and increase by 13.8 percent in 2018 to reach $2.3 billion.

Spending on devices – printers / copiers / MFPs, mobile devices, PCs and tablets – will increase by nearly 21 percent to $1 billion. This will further increase by another 9.4 percent to $1.1 billion in 2018.

“The Indian government sector is picking up pace again after the brief slowdown in the past two quarters due to effects reverberated by demonetization and a drop in industrial production,” said Ganesh Ramamoorthy, managing vice president at Gartner India.

Digital India, Make in India, Start-up India, Skill India, and the corresponding policy frameworks to support these initiatives, such as the new electronics policy, software product policy, data security and protection policy, will have a positive effect on government IT spending.

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