Indian IT faces flat Q2 amid sluggish global tech spending

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India’s $283-billion IT outsourcing industry is expected to report a “status quo” July-September quarter, with little sign of a near-term turnaround amid restrained global technology spending, industry analysts said ahead of company results.

While the weakening rupee could cushion margins after a soft first quarter, at least three analyst reports warned that discretionary IT spending may remain muted as talk of potential US tariffs, along with uncertainty around inflation and policy shifts, continue to weigh on corporate budgets.

Indian IT companies…



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Indian IT faces flat Q2 amid sluggish global tech spending



India’s $283-billion IT outsourcing industry is expected to report a “status quo” July-September quarter, with little sign of a near-term turnaround amid restrained global technology spending, industry analysts said ahead of company results.

While the weakening rupee could cushion margins after a soft first quarter, at least three analyst reports warned that discretionary IT spending may remain muted as talk of potential US tariffs, along with uncertainty around inflation and policy shifts, continue to weigh on corporate budgets.

Indian IT companies…



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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