Indian government is slated to spend Rs 368 billion on IT this year, a 10.5 percent jump from Rs 333 billion in 2012
New Delhi:The IT sector in the country is all set to get a shot in its arms as the Indian government is slated to spend Rs 368 billion (US$6.9 billion) on IT this year, a 10.5 percent jump from Rs 333 billion (US$6.2 billion) in 2012, a Gartner report said.
The report says the estimated expenditure spans internal IT and IT personnel, hardware, software, external IT services and telecommunications.
Telecommunications will remain the largest overall spending category throughout 2013. It is expected to grow 6.8 percent to reach Rs 118 billion this year, up from Rs 111 billion last year, largely driven by enterprise network equipment, it said.
The highest growth segment for government IT spend will be software. The category will see a growth rate of 18 percent in 2013, led by investments in desktop and infrastructure software, it said.
India’s IT industry can expect to indirectly benefit from various government projects, the report said.