The information technology (IT) services sector in India is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains weak, noted in a report on India's IT services by Goldman Sachs.
The medium-term outlook for the information technology (IT) industry in the country remains cautiously optimistic despite persisting macroeconomic headwinds and continued client spending caution, according to a research outlook report on the IT sector by Mirae Asset Sharekhan.
The revenue growth for India's leading IT services companies is expected to remain subdued in the third quarter of FY25 due to the impact of furloughs and cautious client spending, according to a report by JM Financial.