The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest at 3-5 per cent in FY2025, a new report showed on Monday.Despite expectations of modest revenue growth, credit rating agency ICRA maintained its stable outlook on the Indian IT services industry, "led by a well-established business position, expectations of healthy earnings and cash flow generation, and strong balance sheets of the industry players."