IT Firms: Mind The Bend
Demand slowdown has forced the big boys of Indian IT to cut their growth outlook for FY24. As macro uncertainty looms large, companies are shifting focus to controlling costs to protect profitability.
indias it sector
November 2023
February 2023
December 2022
IT industry growth likely to slow down: ICRA
ICRA expects lower hiring by the IT service companies in the near term because of excess capacity added in FY22 and expected moderation in demand.
Shrinking American Pie for Indian IT?
The domestic IT industry, which rode on the pandemic-led digitisation, is bracing for a slowdown as the U.S. and Europe stare at recession. Will this crisis lead to new opportunities?
