BS EDIT: Indian IT at the crossroads: Tariff shocks and GenAI bets

Muted Q4 for IT majors

TCS, Infosys, and Wipro report weak results amid tariff-driven caution

Retail, auto under stress

Supply chain disruptions hit demand in key verticals

GenAI gains traction

Global GenAI spend to rise 75 per cent in 2025, creating new demand

Hardware leads AI push

80 per cent of GenAI spend this year to go into hardware

Firms realign for AI

Indian IT players partner hyperscalers, launch SLM-based solutions

Slow year, sharp shifts

FY25 may see weak growth, but AI-led winners will emerge