'Hiring in IT industry to remain low'

Indian information technology (IT) companies are expected to see moderate revenue growth of 4-6% in FY26, with hiring likely to remain subdued until growth accelerates towards the end of the fiscal year, according to credit rating agency Icra.

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The agency projected attrition level to average 12-13% over the near term. "Icra projects its sample set of Indian IT services companies (which account for 60% of the industry in revenue terms) to witness a moderate 4-6% revenue expansion in USD terms in FY2026. Mor