Indian tech sector seen growing at 5.1% in FY25, Nasscom says
1. India's tech sector to grow 5.1% this fiscal year due to strong R&D. 2. Global capacity centres boost growth, indirectly benefiting INDA exposure.
FAQ
Why Bullish?
The projected growth in India's technology sector reflects robust fundamentals that can lift tech-related stocks within INDA. Historically, similar positive tech trends have lifted related indices during growth cycles.
How important is it?
The article highlights significant sector-specific growth, though the modest 5.1% increase limits immediate broader market disruption. It reinforces long-term optimism for tech stocks within INDA without suggesting rapid volatility.
Why Long Term?
This growth driven by structural improvements in R&D and global capacity centres suggests a lasting positive impact, as observed in past emerging market shifts.