IT Sector: Investor Challenges & Solutions
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7.4%. This is how much the Information Technology (IT) sector has contributed towards India's GDP in FY2022. The IT sector is one of the largest contributors to the nation's economy, employing over 5 million people. The global demand for IT services is expected to grow profoundly in the coming years. This growth is being driven by factors such as the increasing adoption of cloud computing, the Internet of Things (IoT), and artificial intelligence.
Despite so much allure, several prominent investors steer clear of this sector when it comes to pooling their capital. Many top stock investors even have a "no-no" or "only 1 stock" rule for the IT sector. Wonder why?
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