Indian IT sector revenue likely to plunge 700-900 basis points in fiscal 2024: Report

Indian IT sector revenue likely to plunge 700-900 basis points in fiscal 2024: Report

The information technology (IT) services sector in India is expected to see a decline in revenue growth by 700-900 basis points (100 basis points is equal to 1 percentage point) amounting to 10-12% in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a Crisil report.  | Photo Credit: G.P. Sampath Kumar The […]

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