BusinessAI Creates Winners and Losers in Indian IT Sector: BNP’s Kumar Rakesh
Kumar Rakesh, India analyst at BNP Paribas, states that the rapid adoption of artificial intelligence is reshaping valuations and share prices in India's IT sector. Despite this, cautious client spending and weak discretionary budgets are expected to slow revenue growth for most IT companies in fiscal year 2027 compared to fiscal year 2026.
Mint Markets··Mumbai




