Shift in focus: Indian IT firms focusing on LATAM and Africa for enterprise growth

Whereas developed nations just like the US and Europe proceed to be the core markets for each Indian and international IT outsourcing firms, Indian IT companies at the moment are more and more specializing in different areas to scale back their dependence on North America and Europe whereas additionally focusing on untapped territories like Latin … Read more

IT corporations’ margins hit a three-year low in FY24

Margins for high Indian IT corporations, excluding TCS, hit the bottom in three years throughout FY24. As financial troubles beginning with the warfare in Ukraine spelled bother for Western markets like Europe, corporations have largely been reporting declining margins in each monetary yr. The chance of recession within the 2024 fiscal together with crucial investments … Read more