Economy · India
Indian IT Sector Faces Slow Growth Amidst Cautious Spending
Indian IT companies are projected to experience muted growth in the first half of fiscal year 2027 (H1 FY27). Analysts anticipate only marginal growth due to persistent cautious spending by clients, ongoing macroeconomic risks, cost pressures associated with artificial intelligence adoption, and uneven demand across different regions and sectors. This outlook suggests a sombre period for the sector as it navigates these challenges.
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- Centre (2): Business Standard, The Hindu BusinessLine