Tuesday, 15 August, 2023

Indian IT Sector Growth Expected to Slow to 8-10% for FY24-25: Fitch Ratings

Fitch Ratings predicts a slowdown in the growth of the Indian IT sector, estimating it to be around 8-10% for the fiscal years 2024-25. It discusses the factors contributing to this projected deceleration, including global economic uncertainties and potential shifts in technology spending. This forecast highlights the need for the Indian IT industry to adapt and innovate to maintain its competitive edge in the evolving tech landscape.