Cost cutting by Elon Musk’s DOGE may ‘pain’ TCS, Infosys, Wipro and other Big Indian IT companies as well; caution analysts

India’s IT companies are expected to face a delayed recovery, with weak discretionary spending and global trade tensions impacting growth. Analysts predict a challenging fiscal 2026, with only modest revenue increases and competitive pressures arising from the early stages of AI adoption.

​India’s IT companies are expected to face a delayed recovery, with weak discretionary spending and global trade tensions impacting growth. Analysts predict a challenging fiscal 2026, with only modest revenue increases and competitive pressures arising from the early stages of AI adoption.