Saturday, 28 March, 2026
Indian IT Midcaps Decouple Growth from Headcount
By Isha
Mid-tier Indian IT firms like Persistent Systems and Coforge are moving away from the old headcount-driven delivery model. They are now reporting significant revenue gains—up to 31%—with minimal or no increase in workforce, showcasing a new era of productivity driven by AI-led deals. This trend is an early sign of the sector's growth becoming independent of staff addition.
Read full story at Economic Times