Recently, IT majors Infosys and Wipro signed multi-year engineering services deals with Rolls-Royce and Marelli, respectively. This comes at a time when the engineering sector, such as the automotive space, had taken a significant hit at the back of COVID-19. According to experts, this could be the very reason why IT firms are in demand.
Peter Bendor-Samuel, founder, Everest Group, an IT consultancy firm, says this is driving up ticket sizes and duration, further driving growth.