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The reason why, every Indian IT majors are trying to stop america from going into protectionism mode is their 90% of the revenue comes from US. Yes the labour
by sagarun 16y ago
The reason why, every Indian IT majors are trying to stop america from going into protectionism mode is their 90% of the revenue comes from US. Yes the labour is "cheap" here - 24$ per hour.
Currently Indian IT majors have no or very low focus on local Indian consumers.
- Garbage 16y ago> Currently Indian IT majors have no or very low focus on local Indian consumers. India's largest software exporter, TCS get its almost 10% revenue from domestic clients. One of the major client is Government of India ofcourse.
- FraaJad 16y agoThe IT majors have looked beyond US to de-risk their portfolio. IIRC, Infosys' dependence on US market is < 50% of their revenue. They are expanding aggressively in Europe etc.,