Indian IT Sector Poised To Grow at 6% In 2024-25

2023 • 3min • News • Business


Published On: December 05, 2023 - The Indian IT sector is projected to experience a moderate rise in revenue growth in the upcoming years. As per domestic ratings agency ICRA, the sector’s revenue growth is anticipated to exceed 6% in the fiscal year 2024-25, a notable increase from the estimated 3-5% for the current financial year. Hiring in IT services firms is expected to remain subdued over the next two to three quarters as IT firms are focussing on maintaining profitability. Join News9’s Shweta Kothari and Kartik Malhotra for more updates.