After logging double-digit revenue rise in fiscals 2022 and 2023, the Indian information technology (IT) services industry is bearing the brunt of a global slowdown that has chipped away at technology spending in the United States and Europe.
Clients focus on automation and cost optimisation continues to be sharp, while end-user industries have been deferring large discretionary spends.
Deal wins in fiscal 2025 will be crucial to the industry's growth over the medium term.
On the other hand, ongoing caution around employee cost will support operating profitability.
In this context, CRISIL Ratings is hosting a webinar on May 9 at 3:00 pm, where our experts will delve into:
Growth prospects for the Indian IT services companies
Key revenue drivers in end-use verticals
Trend in operating profitability
Credit outlook
The presentation will be followed by a panel discussion with industry experts and a Q&A session.
Disclaimer: This event and its content are intellectual property and confidential information of CRISIL. Any use of the same without written permission of CRISIL is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
