Software product development industry shrinks a little, but if AI has dented prospects, its not in these numbers Indian IT services companies increased their sales by 8.2 percent in FY 25 26, but less of that money went towards development of software products. Those numbers come from the annual Survey on Computer Software and Information Technology Enabled Services published [PDF] by the Reserve Bank of India. The Bank asked over 7,500 tech services firms for data and received replies from...
