Indian IT services firms are increasingly looking towards acquisitions as a strategy to drive growth and invest in new capabilities, particularly in the realm of generative AI (GenAI). This shift is largely driven by a slowdown in global demand that stifles organic growth opportunities. By acquiring specialized companies, these firms aim to enhance their service offerings, improve their technological prowess, and bolster their topline. The acquisition strategy serves as a crucial lever to stay competitive in a rapidly evolving market landscape where technological innovation and adaptability are paramount. Notably, this trend underscores a broader industry move towards integrating advanced AI capabilities to offer more comprehensive and cutting-edge solutions to their clients.

Information Technology, Artificial Intelligence, Mergers and Acquisitions,India, Global