Thursday, 2 July

Thursday, 2 July2026

Stormy Forecast: AI & Soft Demand Threaten Indian IT Growth

By TechShots Studio
Stormy Forecast: AI & Soft Demand Threaten Indian IT Growth
India's IT sector is bracing for prolonged sluggishness, with weak global demand and AI disruptions expected to pressure revenues through Q2FY27. Slow decision-making and reduced tech spending from major western clients are hurting traditional services. While companies are aggressively upskilling employees in generative AI, analysts warn structural shifts mean meaningful growth recovery remains quarters away.
Read full story at CIO ECONOMIC TIMES

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