Monday, 6 October, 2025
Policy Uncertainty & AI Disruption Stall IT Contract Renewals
Macroeconomic instability and regulatory ambiguity are causing Indian IT services firms to see contract renewal cycles stretch from the usual 6–8 months to 9–15 months. Industries like manufacturing, oil & gas, and retail—more exposed to external shocks—are especially delaying decisions, while banking and enterprise tech remain marginally steadier. The rise of AI-driven expectations adds complexity, pushing clients to reassess investments and postpone commitments.
Read full story at Economic Times