New Delhi, Aug. 27 -- The medium-term outlook for the information technology (IT) industry in the country remains cautiously optimistic despite persisting macroeconomic headwinds and continued client spending caution, according to a research outlook report on the IT sector by Mirae Asset Sharekhan.

The report highlighted that while the industry is facing delays in client decision-making, the overall sector remains supported by strong deal pipelines and rising adoption of artificial intelligence (AI).

This combination, it said, will ensure moderate but steady growth, even though short-term performance continues to reflect challenges.

"We believe the medium-term outlook remains cautiously optimistic, backed by strong deal pipelines and i...