IT Industry Faces Slower Growth Amid Global Uncertainties

India’s Information Technology (IT) sector is experiencing sluggish growth due to global economic challenges and reduced corporate spending.
Demand for IT services has been affected by inflation, geopolitical issues, and cautious business expansion in major markets like the US and Europe.
Analysts predict that major IT firms may struggle to meet their revenue targets in the coming quarters.
However, emerging technologies like AI, cloud computing, and cybersecurity still provide growth opportunities for IT companies.

Source: https://timesofindia.indiatimes.com/business

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