India's IT Industry Poised for $750 Billion Transformation

India is gearing up for a transformative expansion in its IT industry, aiming to scale up to USD 750 billion by 2035. This ambitious growth is expected to be fueled by advancements in artificial intelligence and innovative approaches, according to CP Gurnani, former CEO of Tech Mahindra.

At the India AI Impact Summit 2026, Gurnani emphasized the critical role of innovation and a deep understanding of customer needs in shaping the future of India's technology services sector. He contends that the industry can only achieve this substantial growth with customer-first and outcome-driven business models.

Gurnani, who co-founded AIONOS after stepping down from Tech Mahindra, advocates for AI as a key enabler for hyper-personalization, efficiency, and data monetization in IT services. He cites the success stories of companies like Swiggy and Zepto as examples of tech-driven execution and high-growth potential.