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India's IT industry will grow $300 bn by 2030: Kris Gopalakrishnan IT
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India's IT industry will grow $300 bn by 2030: Kris Gopalakrishnan

India Blooms News Service | @indiablooms | 30 Nov 2023, 12:56 am

Bengaluru: Infosys Co-founder and Karnataka IT Vision Group Chairman Kris Gopalakrishnan on Wednesday said India's IT industry will grow $300 billion by 2030.

"Technology's role in increasing productivity, and enhancing customer benefits is vital. The Bengaluru Tech Summit is a testament to Karnataka's commitment to drive innovation.

Last year, (IT) industry grew by around 9 percent. It is a $200 billion industry; it is expected to grow to $300 billion by the year 2030," he said at the 26th edition of the Bengaluru Tech Summit.

Though the global economy is witnessing a slowdown, in the medium to long term, India will reach the $300 billion mark, Gopalakrishnan said.

(With UNI inputs)

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