While most Indian IT companies have moved their limited operations out of Russia in response to its invasion of Ukraine, they continue to expand in other Eastern European countries despite uncertainties and analysts warning of slowdown in business momentum.
Nitish Mittal, Partner at Everest Group, concurs with the views. “I expect them to expand talent efforts in India, Asia Pacific, Latin America, UK & Ireland, and Continental Europe, through a mix of delivery center expansion and M&As.”
