Tech industry has USD 200 billion opportunity in next few years, say top IT CEOs

BENGALURU: There is, perhaps, no other sector other than the tech industry that made the most out of the Covid-19 pandemic with technology becoming integral to businesses worldwide. Going forward, the tech czars in India believe that the opportunities are massive.

Addressing a virtual round table talk with industry peers during the Nasscom’s Technology leadership Forum 2021, HCL Tech CEO C Vijayakumar said the incremental technological spends of enterprises for the next 4-5 years will present a trillion dollar opportunity. Within that, the IT industry is likely to have a 20 per cent share amounting to a $200 billion opportunity, he added.