IT sector may see deals worth $3bn from US, UK in 2013
Feb 13 2013, 22:11 | By CNBC-TV18
The Indian IT sector is likely to get fresh deals worth USD 3 billion from the US and UK for the calendar year 2013. That's the news coming from the NASSCOM Leadership Summit.
Sources told CNBC-TV18's Kritika Saxena that deals worth USD 1 billion will be coming from the US public sector and these will be spread across defence, healthcare and taxation.
Apart from these, three large deals are likely to be coming from the US private banking sector worth USD 700 million. Even from the UK public sector, deals of around USD 1.2 billion will be flowing in. Across the public sector, a large deal worth around USD 300 million to simplify the UK online taxation system has already come in.
As far as the bidder are concerned, CNBC-TV18 learns that large caps including Tata Consultancy Services (TCS), Infosys, Wipro, Cognizant, MindTree, MphasiS, Hexaware, several midcap IT players and even multinational corporations (MNC) like International Business Machines Corporation (IBM) and Accenture will be actively looking at bidding for these deals.
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