India is currently experiencing a large-scale technological transformation. This can be viewed from the fact that almost every Indian organization has adopted a digital-first mindset, and is eager to absorb the lessons and best practices gained from the pandemic, in which enterprises learned how to use technology effectively to accelerate business innovation and cut costs. As the world struggles with a global recession, India today is one of the few bright spots, and is a leader in adopting emerging technologies.

In a survey conducted by PwC-FICCI, it was revealed that banks in India are leading in terms of implementing and implementing emerging AI-based applications. Also according to a Gartner report, end-user spending on public cloud is expected to increase 27% in 2023. Compared to $300 billion in FY 2021, CLSA estimates digital payments in India will grow three-fold to $1 trillion by FY 2026. In the next six years, ICRA predicts a six-fold increase in capacity in the Indian data center sector. These figures demonstrate the growing demand for IT-enabled transformation in the country.