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AI boosts global IT spending to 6.31 trillion yet Indian IT margins face pressure from clients

Economy
Published on 27 April 2026
AI boosts global IT spending to 6.31 trillion yet Indian IT margins face pressure from clients

Clients want AI, but they also demand lower bills

Gartner says AI is powering a sharp rise in global IT spending to $6.31 trillion. For India, the shift toward AI creates openings in managed services, as firms retool budgets and operations. But traditional IT services providers face margin squeeze because customers expect cost savings as AI adoption scales. India can also focus on AI infrastructure support rather than building massive local data centers.

  • AI is driving global IT spending to $6.31 trillion
  • Managed services look set to gain as firms pivot to AI
  • Traditional IT services may see margin pressure from client cost-cutting
  • India can benefit from AI infrastructure without huge data centers
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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