IT companies: Why IT companies are struggling to translate deal wins into topline growth

India’s $250 billion information technology industry is struggling to translate strong momentum in deals into action that will boost financial performance.This could worsen over the next couple of quarters, as growing fears of recession in the US, delays in decision-making and slow ramp-up of signed deals weigh in, analysts say.“Global economic challenges, including inflationary pressures, interest rate hikes and geopolitical tensions, have made