--- title: "Icra 预计印度 IT 服务行业在 2026 财年将实现 4-6% 的收入增长" description: "根据 Icra 的预测，印度 IT 服务行业在 2026 财年的增长预计为 4-6%。这种温和的增长受到全球经济挑战和主要市场政策不确定性的影响。银行、金融服务和保险（BFSI）、零售和医疗保健行业的 IT 支出有所增加，尤其是在人工智能技术方面。员工流失率显著下降，稳定在 12-13% 左右。由于成本优化措施，运营利润率预计将保持在 22.5-23.0% 的水平。总体而言，尽管增长乏力，但特定行" type: "news" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/231536452.md" published_at: "2025-03-12T12:25:40.000Z" --- # Icra 预计印度 IT 服务行业在 2026 财年将实现 4-6% 的收入增长 > 根据 Icra 的预测，印度 IT 服务行业在 2026 财年的增长预计为 4-6%。这种温和的增长受到全球经济挑战和主要市场政策不确定性的影响。银行、金融服务和保险（BFSI）、零售和医疗保健行业的 IT 支出有所增加，尤其是在人工智能技术方面。员工流失率显著下降，稳定在 12-13% 左右。由于成本优化措施，运营利润率预计将保持在 22.5-23.0% 的水平。总体而言，尽管增长乏力，但特定行业出现了积极迹象，收入可见性依然强劲 India’s IT services industry is expected to witness moderate revenue growth of 4-6 per cent in financial year 2025-26 (FY26), according to a report released by Icra on Wednesday. The rating agency’s projections are based on a sample set of companies that account for approximately 60 per cent of the industry’s revenue. While the sector has seen gradual recovery over the past three quarters, growth is expected to remain subdued in the near term due to global economic headwinds and policy uncertainties in key markets such as the United States and Europe, Icra said. ## Global trade dampening IT sector growth According to Deepak Jotwani, Vice President & Sector Head at ICRA, the uncertain global trade environment—particularly potential US trade tariffs—and macroeconomic pressures are dampening growth prospects. "Policy changes by the US government for key sectors catered to by Indian IT services companies as well as future interest rate trajectory will remain the key monitorables,” Jotwani said. ## BFSI, retail, healthcare see growth The report did note that the industry is slowly recovering, with companies reporting a year-on-year revenue growth of 3.6 per cent in USD terms in the first nine months of FY25. The banking, financial services, and insurance (BFSI) sector, along with retail and healthcare, has seen an uptick in discretionary IT spending, contributing to new order inflows. Additionally, investments in Generative AI (GenAI) technologies are beginning to translate into fresh business opportunities for Indian IT firms. Indian IT firms have made significant investments in GenAI, training a large portion of their workforce in AI-driven capabilities. This has led to a rise in AI-related deals, particularly in BFSI and healthcare, which have been early adopters of AI-driven solutions. Jotwani noted that while deal cycles have lengthened, overall contract wins remain strong, ensuring revenue visibility for the medium term. ## Attrition rates in IT sector drop One notable trend in the sector is the sharp decline in employee attrition rates, which had previously been a concern. Attrition levels dropped to 12.8 per cent in Q3FY25 from 22.3 per cent in Q3FY23. Icra expects attrition to stabilise at around 12-13 per cent in the near term. Hiring activity is likely to remain subdued until growth momentum picks up towards the end of FY26, the report added. IT firms are prioritising cost efficiency and productivity through AI-driven solutions, reducing the need for large-scale recruitment. ## Operating margins to remain steady Despite revenue pressures, operating profit margins (OPM) are expected to remain stable at 22.5-23.0 per cent over the next three to four quarters. This is largely due to optimisation efforts, including moderation in wage hikes, higher employee utilisation, and cost control measures. Employee costs, as a percentage of operating income, dropped slightly to 56.2 per cent in Q3FY25 from 57.0 per cent a year earlier. ### Related Stocks - [AI.US - C3.ai](https://longbridge.com/zh-CN/quote/AI.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | AI 巨頭競爭愈演愈烈 OpenAI 及 Anthropic 掌舵人印度峯會拒牽手 | 在印度新德裡舉行的人工智慧高峰會上，OpenAI 執行長 Sam Altman 與 Anthropic 執行長 Dario Amodei 拒絕牽手，展現出兩家公司之間的競爭。Altman 表示沒有牽手並非故意，而是拍攝過程中的混亂。兩家公司 | [Link](https://longbridge.com/zh-CN/news/276408352.md) | | 阿特曼出席 AI 峯會 強調全球亟需監管措施 | 阿特曼在 AI 全球峯會上強調，全球亟需對快速發展的人工智慧技術進行監管。他指出，AI 的民主化是人類繁榮發展的關鍵，集中技術於單一公司或國家可能導致災難。他呼籲建立類似國際原子能總署的組織，以協調 AI 事務並應對新出現的問題，如失業和網 | [Link](https://longbridge.com/zh-CN/news/276395979.md) | | 馬斯克旗下 Grok 美國市佔升至近 18% 未受傳播色情內容影響 | 馬斯克旗下的 AI 聊天機器人 Grok 在美國的市場份額已升至近 18%，成為第三大聊天機器人，僅次於 ChatGPT 和 Google Gemini。儘管 Grok 捲入生成色情內容的爭議，但其使用率未受影響。分析師認為，社交媒體平台 | [Link](https://longbridge.com/zh-CN/news/275965405.md) | | 紐約正在失去高收入者，他們正在遷往德克薩斯州——原因如下 | 根據最新研究，德克薩斯州在 2024 年超越紐約，成為金融服務行業員工的最大僱主 | [Link](https://longbridge.com/zh-CN/news/276296150.md) | | 用 AI 模擬新加坡教師 隨時隨地幫學生加強數學能力 \| 聯合早報網 | WizzTutor 聯合創辦人徐錦泉和張健倫利用人工智能技術創建了一個在線教育平台，旨在幫助學生隨時隨地提高數學能力。徐錦泉的創意源於他作為教師時發現學生深夜仍在學習的現象。WizzTutor 提供便捷的在線服務，學生只需使用 iPad 或 | [Link](https://longbridge.com/zh-CN/news/276220565.md) | --- > **免责声明**：本文内容仅供参考，不构成任何投资建议。