Hiring in India’s IT industry sees a 2-3% dip due to AI, economic uncertainties

IT companies in India appear to be slowing down hiring as they increasingly invest in artificial intelligence, which is seen as the future of technology. This trend is expected to persist in the near term. Many are attributing this decline, which is as low as 2-3 per cent, to economic uncertainties around the world due to Trump’s tariff on India, which currently stands at 50 per cent, artificial intelligence and other contributing factors.