New Delhi, Nov. 7 -- For the second year running, India's mid-tier IT firms are expected to outpace the sector's giants in FY26-posting faster growth, stronger margins, and healthier order books despite weak global tech spending.

While India's $283 billion IT industry braces for muted demand in the second half of FY26, companies ranked six to ten in the pecking order-LTIMindtree Ltd, Coforge Ltd, Mphasis Ltd, Persistent Systems Ltd, and Hexaware Technologies Ltd-have sustained their momentum. Their first-half performance was stronger than a year ago, outstripping both their own pace in FY25 and the growth of large peers such as Tata Consultancy Services (TCS), Infosys, and Wipro.

LTIMindtree, Coforge, Mphasis, Persistent, and Hexaware e...