Indian IT services companies are generating an estimated 10 to 12 billion dollars in AI revenue, with nearly 25 percent successfully moving AI projects into production, Nasscom said. The industry body stated that AI will not reduce the importance of IT services but will increase demand for areas like data management, cybersecurity, AI governance and digital transformation. More than 2 million professionals in India are AI skilled, and around 85 percent of tech service providers now have agentic AI platforms. Nasscom expects Agentic AI to create a 300 to 400 billion dollar opportunity for the technology services sector by 2030. The industry is expected to focus more on platforms, specialised solutions and outcome based services rather than only workforce growth.

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