Indian IT Nears AI-Led Revival, Deployment Spending Could Drive Next Growth Cycle
Mumbai: Indian IT has endured an almost three-year spending slowdown, marked by weak discretionary budgets, longer deal cycles, H-1B pressures and AI-led revenue deflation. The February 2026 sell-off intensified concerns that agentic tools, including Claude Cowork and COBOL modernisation solutions, could directly automate legacy technology systems. However, this fear may overlook the sector’s…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.