Recession 2024 India It Sector

Recession 2024 India It Sector. India’s gdp grew 8.15% yoy over fiscal 2023 to 2024, with a sharp growth of 7.8% in the fourth quarter of 2023, beating the government’s second advanced estimate of 7.6% and reserve bank of india’s (rbi) estimate of 7.3%. Read about the latest rbi report highlighting the impact of rural income growth on demand and private sector investment.

 — it spending to return to growth after declining in 2023. Spending in it services to be in double digits: