The Indian IT sector is bracing itself for a bleak holiday quarter, as a grim outlook looms overhead. With the ongoing global economic uncertainties and a slowdown in demand, Indian IT companies are preparing for a challenging period ahead. The holiday season, which usually sees increased spending by clients, is expected to be subdued this year. This is likely to result in reduced orders and lower revenue for the IT sector. Experts believe that companies should prioritize cost optimization measures and consider diversifying their portfolios to mitigate the impact. Despite the challenges, industry leaders remain optimistic about the long-term prospects of the sector.