As companies rethink spends, IT braces for weaker India numbers - News Summed Up

As companies rethink spends, IT braces for weaker India numbers


In the second quarter, TCS’ India revenue grew 7.7%, slower than average. TCS’ revenue from India clocks in at more than $1 billion per year, and the company had previously said a majority of it comes from the private sector. Infosys said that even though the size of its India business was small, it would remain selective in taking up deals. “India business is a small percentage... we are selective in what we want to do. “India is a big market and everybody is spending on technology.


Source: Economic Times October 17, 2019 22:07 UTC



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