Bad news for India's IT sector employees as new company formations decline by 90% due to…; Infosys home Bengaluru sees sharp dip of…

In a major worry for India’s IT sector, the number of new IT companies established in the country has witnessed a sharp decline in the last five years, plummeting from 16,388 in FY20 to just just 2,419 in FY25, a fall of over 90 percent.
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