BANGALORE: IT spending in India will reach $67 billion in 2010, an increase of 14.1 per cent from 2009.

Principal research analyst, Gartner, Mr Aman Mungalani, in a press release here said the IT market in India, growing at 11 per cent from 2009, will be there till the end of 2013, with IT services growing faster than all other segments at 17.6 per cent.
However, Telecommunications would have the slowest growth, increasing 9.1 per cent during the current calender year, he added.
He said: ‘’India’s economy recorded GDP growth of more than six per cent during the recent global economic crisis. Its growth and the growth of IT industry, have been driven largely by domestic consumption, which has left India less exposed than many emerging markets to global economic cycles.’’
The Union government’s focus on infrastructure projects with IT dimensions will be a strong driver for overall IT growth within the country.
At the same time, manufacturing in India is increasing and showing strong growth from 2008 through 2013. Other industries to watch for growth, include communications, utilities and retail.
The domestic IT services sector at $6.1 billion, accounted for more than 10 per cent of the overall domestic ICT market in India in 2009 and is expected to witness the strongest growth at 17.6 per cent among the four sectors through 2013.
Gartner estimates the domestic IT services market in India will grow 17.6 per cent, accounting for nearly 19 per cent of the overall domestic ICT market in India by 2013.
The Indian PC market was expected to grow by 19 per cent in 2010 and by more than 21 per cent in 2011, while the Indian server market will reach $551 million in 2010, registering a growth rate of six per cent from 2009, Mr Mungalani said.
Revenue in the Indian external-controller-based storage market will reach USD 319 million in 2013, growing 14 per cent from 2009 to 2013.  Network-attached storage will grow 22 per cent over the same period. Tele-communications finance and manufacturing will continue to account for the bulk of investments in disk storage during the forecast period.