
Aug 18, 2026
✦CNBC TV18
Here’s how much Indian IT has spent on AI
Indian IT companies spent ₹35,000 crore on AI-related acquisitions during FY2025 and FY2026. This accounted for 70% of the total M&A deal value. Aditya Jhaver said, "AI has become a strategic acquisition trigger for Indian IT companies." Firms now use these deals to gain specialist talent and stronger market capabilities.