Slowdown in US poses threat to Indian IT firms
US accounts for bulk of business, between 55% and 70% for the five largest firms, including TCS, Infosys, HCL, Wipro and TechM DIGITAL LAG
B Y VA RUN S OOD
Concerns about slower US economic growth poses the biggest risk to India’s $167 billion information technology (IT) outsourcing industry as experts fear Fortune 1000 companies may cut spending on technology, hurting Tata Consultancy Services Ltd,...
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