India's five largest IT services companies are bracing for subdued revenue growth in fiscal year 2027, as they navigate the twin pressures of geopolitical uncertainty and AI-driven price deflation in traditional services.
According to analyst projections and company guidance, client spending remains cautious due to global tensions, while the rapid adoption of artificial intelligence is eroding pricing power for legacy IT offerings.
"Revenue growth forecasts are based on current assumptions, which may not fully capture unexpected macroeconomic downturns or accelerated AI disruption," analysts caution.
However, the challenging environment could spur a silver lining: these firms are likely to intensify AI upskilling initiatives, positioning Indian IT professionals to capture higher-value global AI service contracts in the future.
What you can do: List three tasks AI could handle in your week—that list is your head start.
Source: Economic Times Tech