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Supported by rupee depreciation, the Indian information technology (IT) services sector may sustain its 6-8% growth in the financial year 2026 (FY26), making it the third consecutive fiscal of mid-single-digit growth for the $280 billion Indian IT services sector, a Crisil Ratings report said.
The report highlighted that the currency depreciation benefits will be around 2% of the growth.
The tepid numbers come amid continuing macroeconomic headwinds and emerging uncertainties in the key markets of the US and Europe, Crisil Ratings said, adding that the…
