S&P Global Ratings warned that AI-native firms will intensify competition for Indian IT services over the next three years, pressuring revenues and business models. The agency expects industry revenue growth to slow to 2%–4% by FY28 amid AI-driven pricing pressure and shifting contracts. It said firms must invest in AI, protect recurring business, and strengthen global capability centre partnerships to remain competitive.
Trending
- Cybersecurity Researchers Warn UMANG Design Flaws Could Expose Aadhaar and EPFO Information
- Researchers Report Security Flaws in UMANG Portal That Could Expose Aadhaar and EPFO Data
- Karnataka Announces India’s First Government-Driven AI University, Plans Dedicated AI Hub
- Karnataka Announces India’s First Government-Driven AI University, Plans Dedicated AI Hub
- S&P Expects AI-Led Pricing Pressure to Weigh on Indian IT Services Growth
- S&P Warns Indian IT Firms Face Growing AI-Native Threat
- TRAI Consults Meta and Google on Sharing Spam Complaint Data With Telecom Operators
- TRAI in Talks With Meta and Google to Link App Spam Reports With Telcos

