Indian IT service providers are increasingly pursuing acquisitions to gain access to clients, geographic presence and market share as AI-led pricing pressure weakens organic growth.
Companies in the top-tier, mid-tier and emerging IT service segments spent a record $7.1 billion in the last two years on acquisitions — $5 billion in 2025 and $2.1 billion in 2026 thus far, according to data from tech consultancy UnearthInsight.