Focus on select verticals, geographies and services, have made mid-cap IT firms like Mindtree and NIIT Technologies more agile and able to win larger deals, which has translated to higher growth, analysts say.
“Mid-cap firms took time to be courageous and focus on specific verticals and services, rather than poorly imitating their larger rivals. This is paying dividends,” said Yugal Joshi, Vice President, Everest Group, a management consultancy firm.
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