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Source: IBEF

“According to Gartner forecast on Tuesday, government IT expenditure in India is estimated at US$ 7.3 billion in 2021, an increase of 9.4% YoY.

Digital census in 2021 is significant for the growth of government’s IT spending in India.

Ms. Apeksha Kaushik, Principal Research Analyst at Gartner, said, “India’s government will transition from being a cautious spender to opening the fiscal floodgates in 2021.”

In 2021, the Atmanirbhar Bharat Initiative (self-reliant India), Make in India and Digital India initiatives of the Indian government will be the centre stage of development.

As per Gartner, in 2021, the software segment, which includes application, technology, and vertical-specific software, will exhibit the fastest development.

Government budgets in India will begin to address the recovery and development needs of communities and industries in 2021, with an emphasis on cost optimization.

Ms. Kaushik, said, “Artificial intelligence (AI) adoption, cloud computing and blockchain, along with greater emphasis on ethics and privacy will be core focus areas for the Indian government.”

“It will be essential to invest in addressing digital equity, defining unique Indian 5G standards and ensuring access to remote citizen services.””