Global technology majors having offices in Israel could potentially move their business operations to India or other locations if the Israel-Hamas conflict escalates, industry experts said. Indian firms such as TCS and Wipro could also activate business contingency plans and shift operations to India, they added.
Tech services may be impacted in the short to medium term as the conflict raises safety concerns and many of the people employed in Israel may be called up to fight, said Peter Bendor-Samuel, CEO of Everest Group. “Workloads will shift in the short run to offset risk. India and Eastern Europe would benefit if there is a material impact,” he added.