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AIMint Technologyabout 1 hour ago
AI volumes may offset IT revenue deflation by FY30CLSA reports AI-led volumes could outweigh revenue deflation for India's IT services by FY30, with generative AI's share of IT spending doubling to 11 percent by 2029. Near-term growth faces macro headwinds, but US-dollar revenue growth may reach mid- to high-single digits by FY31.
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