India, May 11 -- India tech spending is entering what appears to be one of its strongest enterprise investment cycles in years. According to the Bain India Enterprise Tech Report, enterprise IT spending in India is expected to grow between 6% and 8% in 2026, moving ahead of the 4% to 6% growth expected globally. The report suggests this momentum has already been building over the last 12 to 18 months and may continue for the next few years as enterprises accelerate AI-led transformation efforts.

But beneath the spending surge sits a more complicated reality. The report argues that while enterprises are investing heavily in AI platforms, cloud infrastructure and cybersecurity, many organisations are still struggling to convert those inves...