Experts from the IT industry have warned that deteriorating India-Canada relations could adversely affect the ability of Indian IT services companies to secure new deals, according to a report in Financial Express (FE).
Peter Bendor-Samuel, CEO of Everest Group, was cited in the FE report as stating, “At this moment, it’s a mild frustration. However, if the situation persists, it will initially impede Indian-based firms from winning new business and could eventually lead firms with ongoing business in India to consider relocating it to another country.”
