Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27

Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27

India's IT sector faces new challenges. The Middle East conflict could slow tech spending and halt expansion in the Gulf. This adds to existing pressures from artificial intelligence. Higher oil prices may impact global economic growth. This could lead to red…

New Delhi: India's IT services sector is facing a disruption as the Middle East conflict threatens to slow tech spending and freeze expansion plans in the Gulf region, aggravating the stress on the s… [+1522 chars]

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Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27 - FHMnews