B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Current
40%
40% -- project budget overrun rate for India web development projects (2026)
The average web development project in India runs 40 percent over budget.
- Attributed broadly to 'research consistently shows' without citing a specific study
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
40%
Unit
Percentage
Data Vintage
2026
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
magicworksitsolutions.com
Primary
Tier C
https://magicworksitsolutions.com/blog/beyond-code-what-sets-top-web-development-agencies-apart-from… ↗
Source Article
Top Web Development Agencies India 2026: How to Choose the Right Partner
The Short Answer
India has over 26,000 registered web development companies. That number sounds reassuring until you realise it is precisely what makes agency selection so difficult. With that many vendors competing for your project, the market has fragmented into three very different tiers: a small…
Original Research
magicworksitsolutions.com
· Original study ↗
Methodology
Attributed to 'research consistently shows'; no named study
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
India web development projects: 40% project budget overrun rate. Source: magicworksitsolutions.com (2026). Via Lighthouse Intelligence -- https://lighthousedata.io/data/india-web-projects-over-budget-40
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<blockquote cite="https://lighthousedata.io/data/india-web-projects-over-budget-40" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>40%</strong> -- project budget overrun rate for India web development projects<br><small>Source: magicworksitsolutions.com (2026) · <a href="https://lighthousedata.io/data/india-web-projects-over-budget-40" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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