According to HSBC Global Research, near-term discretionary spending among clients remains weak,

India's IT Sector Sees Slower Pace Of Growth In FY26, AI-Powered Rebound In Next Fiscal Latest News: The Indian IT sector is experiencing subdued growth, with industry guidance and recent results pointing towards a muted outlook for FY26, though a recovery in FY27 is possible with recovery in key export markets and adoption of new technology.

According to HSBC Global Research, near-term discretionary spending among clients remains weak, but there are signs of acceleration in the next fiscal year, especially as adoption of artificial intelligence (AI) among enterprises gathers pace.

“While the near-term demand environment remains soft and unchanged, FY27 is likely to see pick-up in demand driv

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