Indian IT firms face structural headwinds, Gen AI yet to deliver: HSBC India
- Posted on August 26, 2025
- By Business News Today
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Indian IT firms face structural headwinds, Gen AI yet to deliver: HSBC India

Indian IT firms are unlikely to regain double-digit growth, with HSBC projecting long-term expansion of 4–5% due to structural headwinds, AIs deflationary impact, and reliance on US/European demand.