IT services industry to sustain 6-8% growth in FY26, says Crisil – Will AI focus, cost cuts help ?

The IT services industry is expected to sustain its 6-8 per cent (in rupee terms) growth in fiscal 2026, amid continuing macroeconomic headwinds and emerging uncertainties in the key markets of the US and Europe, stated a report by Crisil Ratings. The revenue growth, it added, will be supported by currency depreciation benefits of around 2 per cent.

This will be the third consecutive fiscal of mid-single-digit growth for the Indian IT services sector. Nevertheless, operating profitability remains healthy, led by modest employee addition amid low attrition.