Software #genai#geopolitics
GenAI and Geopolitics to Keep India's IT Sector Growth Under Pressure, Says JPMorgan
JPMorgan's research report warns that India's IT services sector faces an uncertain demand environment due to generative AI (GenAI)-led productivity gains, geopolitical uncertainty, and shifting enterprise spending. Revenue growth has stagnated at 2-3% over three years, with a meaningful recovery not expected before FY30. The brokerage cut growth estimates and valuation multiples across the sector.
Jun 28, 2026 1 source