India’s information technology companies, among the worst-performing sectors this year, may not see a recovery in fiscal 2026, analysts said, after Accenture flagged weak discretionary spending and demand in its quarterly report.
Accenture, the world’s largest IT services player and a bellwether for the Indian IT industry, warned on Thursday that spending on discretionary projects in the quarter “was still constrained” and flagged no meaningful increase in client budgets.
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