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The Great Indian IT Squeeze
An anonymous reader shares a report: The Indian IT sector has operated for decades under the dominance of major firms TCS, Infosys, Wipro, and HCLT. The historical growth of these companies was tightly coupled with the U.S. economy through a strong "multiplier effect," where Indian IT export growth ...
An anonymous reader shares a report: The Indian IT sector has operated for decades under the dominance of major firms TCS, Infosys, Wipro, and HCLT. Global corporations are increasingly establishing their own global capability centers in India, with projections indicating an accelerated pace of 120 new centers being added annually in fiscal years 2024 and 2025, up from some 40 six years ago. This insourcing trend diverts revenue from traditional IT vendors and creates direct competition for skilled technology talent.
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