Data Snapshot

Indian Firms Are Bullish On Their Spending On Technology Products Or Services In 2023

June 6th, 2023
Biswajeet Mahapatra, Principal Analyst
Biswajeet Mahapatra Principal Analyst
With contributors:
Ashutosh Sharma , Arjun Kalra , Bill Nagel

Global economic slowdown and recession fears still loom large in India, but tech spending remains strong. In Forrester’s Priorities Survey, 2023, 87% of senior business and technology pros in India indicated that their organization will spend more on technology products and services over the next 12 months. Indian organizations are becoming customer-focused: 53% of respondents say that the rising expectations of customers requiring them to keep technology current is an important reason that their department is spending more of its own budget on technology products and services. This is a snapshot of Forrester’s data on tech spending in India.

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