With India last week suspending visa services for Canadian citizens, IT experts cautioned that the development will impact the ability of Indian IT services companies to secure new deals. They also say that if the row escalates further, public sector clients will look for alternative nearshore options.
Peter Bendor-Samuel, CEO at Everest Group, said, “At this time, it’s a mild frustration. However, if this stretches, it will first impact Indian-based firms from winning new business and will eventually cause firms with business already in India to consider relocating it to another country.”
