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India’s top tier software services firms together reported a 26% gain in total contract value year-on-year in the second quarter ended September 2025, according to Mirae Asset Sharekhan, pointing to a clearer turnaround in new signings after a period of weak demand.
Analysts are anticipating that the momentum will strengthen over the next two years as clients increase their spending on artificial intelligence projects.
Additionally, project delays appear to have bottomed in the June quarter, analysts at BNP Paribas noted, with management commentary…
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