Monday, 6 October

Monday, 6 October2025

Indian IT Sector Faces Flat Q2 Amid Global Tech Spending Slowdown

Indian IT Sector Faces Flat Q2 Amid Global Tech Spending Slowdown
Indias $283-billion IT outsourcing industry is projected to report flat Q2 results, with top-tier firms expecting 02% sequential constant-currency revenue growth. Analysts attribute this to muted discretionary IT spending, influenced by potential U.S. tariffs, inflation concerns, and policy uncertainties. While BFSI and hi-tech sectors show resilience, manufacturing, retail, and auto industries face demand challenges.

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