Tech
Indian IT services sector has matured; growth to mirror global trends: Motilal Oswal AMC
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Varun Sharma, Fund Manager at Motilal Oswal Asset Management Company, has highlighted that while India’s IT services sector has matured, its growth potential is now largely aligned with global trends, offering limited upside.
Sharma explained that the Indian IT services industry now accounts for nearly a quarter of the global market, both in terms of revenue and workforce.
“It’s a usual life cycle of any industry when it becomes too big, it’s very difficult for Indian IT industry to grow way faster than the global industry. The global industry has…
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