Indian IT sees pockets of H2 recovery in US, EU as BFSI revs up

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India’s IT services exporters showed pockets of recovery in the second quarter in North America and Europe, with renewed momentum for the industry’s largest vertical – the banking, financial services and insurance (BFSI) sector.

This helped offset the lingering pressure from telecom, retail and automotive clients.

Healthy deal bookings, rise in headcount and protected margins signalled a stronger outlook for the second half of the ongoing fiscal year ending March 2026, showing a slow recovery from a prolonged global technology spending slump of…



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Indian IT sees pockets of H2 recovery in US, EU as BFSI revs up



India’s IT services exporters showed pockets of recovery in the second quarter in North America and Europe, with renewed momentum for the industry’s largest vertical – the banking, financial services and insurance (BFSI) sector.

This helped offset the lingering pressure from telecom, retail and automotive clients.

Healthy deal bookings, rise in headcount and protected margins signalled a stronger outlook for the second half of the ongoing fiscal year ending March 2026, showing a slow recovery from a prolonged global technology spending slump of…



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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