Reserve Bank of India says IT services exports resilient despite growing AI concerns

BENGALURU: The Reserve Bank of India said demand for digital solutions and IT services remains supportive of economic activity and that services exports continue to hold up despite growing concerns over the impact of artificial intelligence on the technology sector.

In its June monetary policy statement, the RBI said India’s services sector remained resilient, with demand for freight, digital solutions, e-commerce, entertainment and IT supporting activity.

Read more

You may also like

Comments are closed.

More in IT