IT
IT industry to see 4-6% revenue growth in FY26; hiring to remain low: Icra
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Indian 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. 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 US dollar terms in FY2026.”
“Moreover, hiring is likely to remain low until the growth…
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