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India’s IT Boom: Targeting $210 Billion in Exports by FY25
India's IT sector is set to achieve a significant milestone, with IT exports projected to reach $210 billion by FY 2024-25. This achievement underscores India’s dominant position in the global IT outsourcing market, holding an 18% share and cementing its status as a global technology powerhouse.
The robust demand in the US market, coupled with innovation in artificial intelligence, cloud computing, and cybersecurity, is driving this growth. However, the industry faces challenges, including slowing demand in Europe and the need for upskilling in emerging technologies like generative AI.
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India IT exports, global outsourcing market, generative AI in IT, digital transformation, Indian IT industry growth, artificial intelligence, cloud computing, cybersecurity, IT sector innovation, IT workforce reskilling, Indian economy growth
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