Don’t blame AI for layoffs, Indian IT’s big business problem is Trump and their deal books
India’s US-dependent IT sector is bearing the brunt of the Donald Trump era, and the signs are now evident. According to GTRI, the United States accounts for 70 per cent of IT export revenue. Hence, any disruption in policy or an economic downturn causes a direct impact on client spending, project timelines, and total contract value (TCV).
The US IT sector is bearing the brunt of a consumption slowdown, high credit rates and erratic policy decisions, coupled with the emergence of artificial intelligence as one solution for cutting costs without impacting operational effectiveness.
