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India's IT Services Giants Hit With Steepest Growth Slowdown in Years
India's three largest IT services companies are facing their steepest growth slowdown in years as corporations curtail large technology projects amid global economic uncertainty and geopolitical challenges. From a report: Infosys, the country's second-largest IT services provider, on Thursday foreca...
India's three largest IT services companies are facing their steepest growth slowdown in years as corporations curtail large technology projects amid global economic uncertainty and geopolitical challenges. From a report: Infosys, the country's second-largest IT services provider, on Thursday forecast revenue growth of just 0-3% for the fiscal year through March 2026, far below analysts' expectations of 6.3%. The disappointing outlook echoes similar concerns from rivals Tata Consultancy Services and Wipro, as US President Donald Trump's tariff policies add fresh headwinds to an industry already struggling with cautious client spending.
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