Companies in the inflation-hit United States and Europe may outsource more digital work to Indian IT firms.


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Analysts predict that top software services firms such as Tata Consultancy Services (TCS), Infosys, and Wipro will benefit from a cost-cutting-led increase in outsourcing work to India, as inflation concerns loom large in the United States, the Indian IT industry’s largest market. They believe that there is a greater likelihood of digital transformation work shifting to India in order to manage affordability for North American and European clients.

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