ICRA projects moderate 2-3 pc growth for Indian IT sector in FY26, maintains stable outlook

​ICRA’s analysis, based on a sample of 15 leading IT companies representing approximately 60 per cent of the industry’s revenue, indicates that the sector will experience modest revenue growth of 2-3 per cent in FY2026, slightly lower than the 2.9 per cent growth recorded in FY25.

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