IT sector sees early signs of demand stabilisation but visibility into CY26 remains poor: Goldman Sachs

The information technology (IT) services sector in India is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains weak, noted in a report on India’s IT services by Goldman Sachs.

“While there are early signs of demand stabilisation, visibility into CY26 remains poor, and company commentary suggests AI-related productivity pass-throughs may be becoming more mainstream, which may keep multiples depressed” said the report