Tech slump hits India's IT industry

India's IT and IT-enabled industry is experiencing a major slump

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In this article

  • Valuations-profit mismatch
  • Excessive expenditure
  • Limited revenue growth
  • Drastic cost reduction
  • Business outsourcing
  • Lack of collective support

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.