Nexus between GDP Growth and IT-BPM Industry: An Analytical Study

The present study examines the relationship between GDP growth and the IT-BPM sector in digital transformation, highlighting its importance for the economic development of India. The current research is an analytical study, and it also presents the three phases: the growth phase, the acceleration phase and the stabilization phase. Secondary data, like annual reports from IBEF and Statista websites, have been used to identify a three-phase growth trajectory in the IT-BPM sector. The results of the current study demonstrate that improvements in digital technologies, notably AI and Fintech, are driving the growth in the domestic market.