A fast-read primer on India's IT services sector — the backdrop against which we benchmark every company's cost structure in this category.
IT industry revenue has grown steadily for years, and software services exports are set to keep pace.
FY19 → FY25
2025 → 2030 forecast
Scale, export strength, and clear policy support define this large and growing sector.
A sample of the industry-wide and policy moves shaping the sector through early 2026.
Listed Indian IT-Services companies in tDoBe's cost-benchmarking coverage.
The market facts above are public background. What follows is tDoBe's own work: every "Other Expenses" line from these companies' own financial records, read by hand and sorted into one clear set of categories — not a keyword search, not each company's own way of reporting it.
Each mark is one company's total Other Expenses as % of net revenue. No company is named here.
Ranked from biggest to smallest.
For a technology-services sector, spending on IT & Software itself is unsurprisingly the largest identifiable cost category, ahead of travel and general overheads.
Companies in this sector range widely in size and business model, from large, established service providers to smaller, more specialised technology firms — this is the biggest driver of the spread.
We use each company's own standalone financial records — not group numbers, not each company's own labels. Every cost line is read by hand and placed into one common set of categories, so every company is compared the same way.
This is the free, sector-wide view. It tells you where IT Services stands as a whole — not where your own company stands against it, category by category, in rupees.
A below-average number is a reason to call too — the benchmark keeps improving as we go.