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flag Indian tech sector valued at $254 billion, grows 3.8% despite challenges, focuses on AI and digital transformation.

flag The Indian tech industry grew by 3.8% in fiscal year 2024, reaching a valuation of $254 billion and employing 5.43 million professionals. flag Despite challenges like rising costs and high attrition, the sector is expected to lead globally due to its large talent pool and focus on technologies like Generative AI and digital transformation. flag The industry aims to address talent shortages by expanding into smaller cities.

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