September 17, 2025 5:32 PM
India’s IT services sector to grow 6-7% in FY27 in AI era: Report
India’s IT services sector is projected to grow by 6-7 per cent in FY27, despite the ongoing impact of artificial intelligence (AI) adoption on traditional IT contracts, according to a report by HSBC Global Investment Research released on Wednesday. The report noted that while revenue growth is likely to be around 5-6 per cent next fiscal, this would translate into an 8-10 per cent increase in project volumes, as companies continue to boost technology spending. India’s IT firms are expecte...