Automotive clients account for up to 35% of IT services manufacturing clients.India s top IT firms thus clearly draw meaningful revenue from carmakers around the world.With the advent of electric and tech-laden cars, IT s reliance on automotive revenue is now rising
Banks spending more on technology to meet regulatory mandates, companies upgrading SAP systems and a broader increase in technology spending after US elections due in November are some of the factors that have raised demand recovery prospects for Indias $245 billion-plus IT services sector next year.
India Business News: After more than a year of slowing sales, India’s software services companies that power corporations ranging from global banks to retailers to planema.
Just in 11 sessions of this new year 2024, the benchmark Nifty surpassed 22,000 while Sensex crossed the 73,000 mark for the first time ever on January 15.