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IT Services Industry Faces Sluggish Growth due to Lower Tech Spending infotechlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotechlead.com Daily Mail and Mail on Sunday newspapers.
IT sector to see muted revenue growth of 5-7% in FY25: Crisil financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The subdued outlook is attributed to continuing global macroeconomic headwinds lead to modest increase in technology spends in the key markets of the US and Europe. ....
Indian IT sector staring at second straight year of muted revenue growth: Crisil thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday.
Crisil Ratings said it expects the sector to grow at 5-7 per cent in FY25, after a growth of 6 per cent estimated to have been achieved in FY24.
The overall industry size is pegged at $250 billion and it creates over 50 lakh direct jobs. ....