NEW DELHI: The Indian IT sector is expected to surpass $400 billion by 2030, as AI transforms how enterprises deliver technology. In the near term, AI-driven efficiencies may put downward pressure on pricing, but the acceleration of AI capabilities is poised to expand both the willingness and capacity of global enterprises to outsource complex workflows, according to a report by Bessemer Venture Partners. The Indian IT sector grew at a compound annual growth rate of 8.1% from FY22 to FY25 to reach $264 billion and is projected to expand further at 8.7% annually from FY25 to FY30, touching $400 billion by FY30. The projection comes amid a structural shift in India's IT sector, as emerging technologies reshape client priorities and spending patterns. Nithin Kaimal, COO and partner at Besse

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