Willkommen, in German, means ‘Welcome’. For big Indian IT firms like TCS, Infosys and Wipro, it has been raining large deals from Germany over the last few months. While the increased demand for digital is driving growth, the need for locals and German labour laws could present challenges, say experts.
Yugal Joshi, Vice President, Everest Group, a research and advisory firm, explained: “Many German enterprises in heavy industries wanted to significantly increase efficiency and drive cost transformation. This is helping Indian IT firms.”