IT spending in India forecast to grow 7% to $100 bn in 2022: Gartner

IT spending in India is forecast to increase at 7 percent to $101.8 billion in 2022, according to the latest report from Gartner.
India IT spending forecast for 2022
“In 2022, CIOs in India will build on renewed interest in technology from the business to gain funding for new IT projects,” said Arup Roy, research vice president at Gartner.

Indian CIOs are likely to increase their spending towards projects that drive innovation and modernizing legacy systems. Hiring a workforce that can deliver on these needs will also be a key priority.

Next year, Indian CIOs are prioritizing a move away from rigid and monolithic ways of doing business to a more composable business and IT architecture where they will be able to better respond to disruptions.