CLSA: AI to boost India’s IT sector by FY30, faces short-term hurdles
A CLSA report projects AI as a long-term growth driver for India’s IT services, expecting AI-led volumes to outweigh revenue pressure by FY30. However, it warns of near-term constraints due to weak macroeconomic conditions and softer demand. Artificial intelligence (AI) could become a net growth driver for India’s IT services industry over the longer term, … Read more