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Rohan Saha

Founder - Burn Finan... • 6d

What is Going Wrong with Indian IT Companies Right Now? These days India’s IT sector is not getting as many new projects as before big clients from the US and Europe are cutting costs so they are not spending much on tech services that is why new orders are coming in very slowly. Even the top IT firms are feeling the pressure hiring is on hold there are many people on the bench and growth has almost paused sectors like banking and retail which used to bring in lots of business have also pulled back. There is a lot of talk about AI and cloud but for most Indian companies it’s not bringing in big money yet the good news is this may just be a delay not a full stop when global conditions improve more work might come in again. Till then IT companies need to focus on cutting costs upgrading their teams and staying flexible.

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