Coronavirus Impact: Indian IT Firms May Lose Revenue as US Retail Clients Struggle to Run Business | in the News

Peter Bendor-Samuel, the chief executive of Everest Group, said the slowdown at retailers would have “the effect of initially postponing large projects, then it will likely give way to aggressive cost take out programmes”. Bendor-Samuel also believes that such cost reductions could create an opportunity for some Indian technology services providers.

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