India, Oct. 14 -- Tech Mahindra Ltd. is banking on its financial services and manufacturing to deliver growth in the second half of the ongoing fiscal, even as US business is hit, according to its chief executive officer.

"Macro is stabilising and improving in parts but it's still fragile...but we do see stabilisation and hopefully see growth in the second half of the year," CEO Mohit Joshi said at a media scrum in Mumbai on Tuesday (14 October 2025). "I believe last one year has been a low point for the [IT] industry, but we do expect growth in the future."

That optimistic stance comes even as Tech Mahindra's consolidated revenue from the Americas market fell 2.7% year-on-year, according to the company's second-quarter results declared...