Transforming India's Technology SMEs for a Digital Future: Navigating the AI Frontier (NASSCOM)
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About this report
- Analyses shifts in the Indian tech SME landscape over the past two years and the challenges of adopting and scaling AI.p.
- Indian tech SMEs are estimated to account for 6-7% of India's tech sector revenues in FY25E.p.
- BFSI's share of SME revenue declined from 55% to 51% between FY23 and FY25E, while Hi-Tech grew from 18% to 21%.p.
- Most SMEs remain in a nascent and reactive phase of AI, with unclear ROI limiting integration.p.
- FY30 outlook: a $33-36B opportunity, with digital services share reaching 40-44% at 17-19% CAGR.p.
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