IT sector may be hit amid AI shift, slower spending
India’s IT sector faces a double blow as AI-driven rate cuts combine with Trump’s 25% tariffs. Experts predict dampened sentiment and stalled discretionary spending, particularly in manufacturing, logistics, and retail. The tariffs stoke inflation, forcing US firms to slash consulting and IT outsourcing.🕒 1 min read
India’s IT sector faces a double blow as AI-driven rate cuts combine with Trump’s 25% tariffs. Experts predict dampened sentiment and stalled discretionary spending, particularly in manufacturing, logistics, and retail. The tariffs stoke inflation, forcing US firms to slash consulting and IT outsourcing.
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