Indian IT growth recovery pushed to FY29 as AI-driven price pressure weighs: JPMorgan
The Indian IT services sector is unlikely to see a return to mid-to-high single-digit growth before the financial year 2029 or calendar year 2028, as artificial intelligence-led pricing pressures and macroeconomic uncertainties continue to weigh on discretionary spending. Speaking on the sidelines of the JPMorgan India Conference 2026, Ankur Rudra, Head-APAC Telecom and India TMT…
