Pandemic, travel bans result in higher offshoring for IT firms
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The trend was likely to continue going forward, analysts and companies said, since clients have become more open to people working remotely and because of its positive impact on margins.
Agencies
The mid-tier IT services firm has hired around 900 people in India over the last few months – over 90% of its total hires.
Indian IT services providers have reported higher offshoring in the previous financial year as employees worked from home through the Covid-19 pandemic and as a result of travel bans by the United States, their largest market.