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'AI, GenAI to fuel IT industry recovery in FY26'
Financial Express Chennai|January 16, 2025
With clients reducing discretionary spends on a challenging macroeconomic environment and Donald Trump 2.0 steering higher charges for H-1B visa, the IT services industry is facing headwinds.
- RAJESH NAMBIAR, PRESIDENT, NASSCOM

However, Rajesh Nambiar, president, Nasscom, tells Padmini Dhruvaraj, that the industry is poised for recovery in FY26 on the back of drivers like AI, GenAI and DeepTech innovation. He added that challenges like H-1B visa rule changes are being addressed.

Excerpts:

How do you view the IT industry's performance so far in FY25?

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'AI, GenAI to fuel IT industry recovery in FY26'
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