Archive · 29 Nov 2025
Indian IT Sector Shows Early Recovery Signs
The Indian IT sector is starting to recover.
A report by BNP Paribas India says that while Indian IT companies are growing slower than global companies, they are getting more new deals.
This means they might do better in the future.
The report looked at 24 big IT companies from India, the Americas, and Europe.
The best-performing industry was BFSI, while communications did the worst.
The report also says that project delays are getting better, and companies are seeing more deals.
Indian IT companies are also doing better in the total value of deals they sign.
Indian IT sector shows early signs of recovery with improved deal wins and stabilised revenue outlook.
Global IT services industry grew 3.8% YoY in Q3 2025, while Indian firms grew 1.2% in constant currency.
BFSI led revenue growth at 7.9% YoY, while communications was the weakest segment.
Project delays have eased, and business sentiment is improving with better visibility on deal signings.
Indian IT companies outperformed global peers in total contract value (TCV) of deals signed during the quarter.
- Who
- Indian IT companies and global IT services firms
- What
- Gradual recovery in the Indian IT sector with improved deal wins and stabilised revenue outlook
- When
- September 2025 quarter
- Where
- Global, with a focus on India, the Americas, and Europe
- Why
- Stronger performances by global players, euro appreciation, and improving business sentiment
- Report Source
- BNP Paribas India
- Global IT Growth (Q3 2025)
- 3.8% YoY
- Indian IT Growth (Q3 2025)
- 1.2% in constant currency
- Top Performing Industry
- BFSI (7.9% YoY growth)
- Weakest Segment
- Communications
- Americas Revenue Growth
- 4% YoY
- Europe Revenue Growth
- 4.3% YoY
- Number of Firms Analyzed
- 24 (13 Indian, 11 Global)