Impact of the Recession on the Indian Analytics Space

Indian economy, enterprises and consumers are expected to display relative economic strength, compared to global peers in the ensuing recession, according to a report by AIMResearch titled, Impact of the Recession on the Indian Analytics Space. It suggests that in terms of impact, the overall Indian industry typically will not experience the same sort of recessionary trends experienced by global firms and sectors. Once the downturn ends, many Indian industries including IT, FMCG, Industrials, and Domestic Banking is expected to rebound. While different sectors will experience varying ..

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Indian economy, enterprises and consumers are expected to display relative economic strength, compared to global peers in the ensuing recession, according to a report by AIMResearch titled, Impact of the Recession on the Indian Analytics Space. It suggests that in terms of impact, the overall Indian industry typically will not experience the same sort of recessionary trends experienced by global firms and sectors. Once the downturn ends, many Indian industries including IT, FMCG, Industrials, and Domestic Banking is expected to rebound. While different sectors will experience varying impacts of the recession on their respective businesses, and correspondingly are expected to rebound from recession at different times, this report elaborates on the impact of recession on the analytics domain. The report suggests that for the IT industry, a negative impact on revenues does not directly affect the operations and analytics functions of these firms. The impact is further cushioned

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