IT spending in India to hit $112 billion, CIOs to invest more in productivity: report

IT spending in India is projected to reach $112.2 billion this year, slightly higher than what was forecasted last quarter, a report from Gartner said.

The report said that despite being cautious, Indian chief information officers (CIOs) will continue to invest in improving employee productivity and customer experience (CX), leading to a 14.6% annual growth in enterprise software spending.