India IT faces uncertain demand environments from GenAI
Published on: June 28, 2026, 3:43 p.m. | Source: The Tribune
The India IT sector is facing an uncertain demand environment from an unprecedented confluence of technology and business cycle headwinds from GenAI-led deflation and geopolitics, JPMorgan said in a research report. The brokerage warned that a meaningful recovery in industry growth remains distant as enterprises grapple with shifting tech priorities and budget constraints.
