IT sector to log mid-single digit growth for third consecutive fiscal: Crisil Ratings

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Supported by rupee depreciation, the Indian information technology (IT) services sector may sustain its 6-8% growth in the financial year 2026 (FY26), making it the third consecutive fiscal of mid-single-digit growth for the $280 billion Indian IT services sector, a Crisil Ratings report said.

The report highlighted that the currency depreciation benefits will be around 2% of the growth.

The tepid numbers come amid continuing macroeconomic headwinds and emerging uncertainties in the key markets of the US and Europe, Crisil Ratings said, adding that the…



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IT sector to log mid-single digit growth for third consecutive fiscal: Crisil Ratings


Supported by rupee depreciation, the Indian information technology (IT) services sector may sustain its 6-8% growth in the financial year 2026 (FY26), making it the third consecutive fiscal of mid-single-digit growth for the $280 billion Indian IT services sector, a Crisil Ratings report said.

The report highlighted that the currency depreciation benefits will be around 2% of the growth.

The tepid numbers come amid continuing macroeconomic headwinds and emerging uncertainties in the key markets of the US and Europe, Crisil Ratings said, adding that the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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