ilmscore | Prediction Details
By CA Rachana Phadke Ranade | April 3, 2025 | Correct
Interpreted Prediction
US auto companies' fear of reduced sales and potential recession due to tariffs could lead them to cut back on IT contracts and spending, negatively impacting Indian IT service providers.
AI Evaluation Notes
Based on industry reports, US auto sales experienced a downturn in 2025. This led to some cost-cutting measures, which included reduced IT spending, impacting the Indian IT sector to some extent, though not as severely as a full-blown recession would have.

Prediction Details

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