EU Bright Spot for Indian IT as US Slows Down | In the News

In the just-ended second quarter, most IT firms witnessed good growth coming from the European market, while the US showed signs of a substantial slowdown.

Despite Europe performing well for Indian IT companies, it may not be able to compensate for the growth slowdown coming from the US. Analysts are of the opinion that the Indian IT industry may continue to face a slowdown during the remaining half of the current financial year. “We expect a difficult end to the year and a difficult first two quarters of next year,” said Peter Bendor-Samuel, CEO of Everest Group.

Read more in Bizz Buzz.

How can we engage?

Please let us know how we can help you on your journey.

Contact Us

"*" indicates required fields

Please review our Privacy Notice and check the box below to consent to the use of Personal Data that you provide.