AI volumes may outweigh revenue deflation for IT sector by FY30: Report
A CLSA report indicates that artificial intelligence (AI) could drive growth in India's IT services sector, potentially offsetting revenue declines from automation by FY30. While near-term growth is hindered by macroeconomic challenges, AI demand may lead to mid- to high-single-digit revenue growth by FY31. The report suggests a significant growth inflection could occur by FY28.