Indian IT industry poised for sharp recovery in 2026 driven by demand for AI services: Report

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After three years of muted growth, the Indian IT services industry is poised for a sharp recovery beginning 2026, driven primarily by accelerating demand for artificial intelligence (AI) services, according to a sector thematic report by HDFC Securities Institutional Equities.

IT firms have transitioned from traditional digital transformation projects toward AI-centric engagements, with AI deals now forming nearly 74% of all contracts signed in the last six quarters, the report said.

Companies such as TCS, Infosys, HCLTech, Wipro, LTIMindtree and



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Indian IT industry poised for sharp recovery in 2026 driven by demand for AI services: Report



After three years of muted growth, the Indian IT services industry is poised for a sharp recovery beginning 2026, driven primarily by accelerating demand for artificial intelligence (AI) services, according to a sector thematic report by HDFC Securities Institutional Equities.

IT firms have transitioned from traditional digital transformation projects toward AI-centric engagements, with AI deals now forming nearly 74% of all contracts signed in the last six quarters, the report said.

Companies such as TCS, Infosys, HCLTech, Wipro, LTIMindtree and



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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