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Revenue Trend

Indian IT – ITeS industry has continued to perform its role as the consistent growth driver for the economy. The performance of this sector (Both Exports and Domestic) over the last 5 years is given below:

(in US$ Billion)

Description 2019-20 2020-21 2021-22 2022-23 2023-24(E)
Exports 147 152 178 194 199.5
Domestic 44 45 49 51 54.4
Total Revenue 191 196 227 245 254
YoY Growth % 7.90% 2.09% 15.5% 7.9% 3.7%

Source: NASSCOM , (E) = Estimated