India's IT sector outlook cautiously optimistic despite headwinds

The medium-term outlook for the information technology (IT) industry in the country remains cautiously optimistic despite persisting macroeconomic headwinds and continued client spending caution, according to a research outlook report on the IT sector by Mirae Asset Sharekhan.

- TDG NETWORK

The report highlighted that while the industry is facing delays in client decision-making, the overall sector remains supported by strong deal pipelines and rising adoption of artificial intelligence (AI).

This combination, it said, Representative image. will ensure moderate but steady growth, even though short-term performance continues to reflect challenges.