IT staffing in India contributes 7% of our overall workforce management revenue. So that way, we are, to that extent, rightly de-leveraged because we have huge exposures to BFSI, which contributes such a 31% to the general staffing revenue, retail, which does 22%, telecom, and industrial sector. So while there is, like Guru said, a bit of a slowdown in IT, but then there are other sectors who are doing well for us.
Macro indicators, retail participation aligning for a multi-decade bull run: Madhu Kela
Market veteran Madhu Kela advises investors to focus on bottom-up ideas and segregate research from execution. He is bullish on India’s long-term prospects, citing favorable
June 20, 2025