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    COVID-19 places Indian IT on higher growth path; will margins follow?

    Several IT companies have reported large order inflows and significant expansion in project pipelines. Ramp-up of these contracts is set to improve revenue growth rates in 2021-22

    R. Sree Ram
    December 29, 2020 / 09:11 AM IST
    COVID-19 places Indian IT on higher growth path; will margins follow?

    HCL Technologies Ltd.

    The recovery in the Indian IT sector is well documented. Companies indicated healthy demand in their customary year end interactions. Infosys Ltd is confident of returning to the pre-pandemic growth rates. Industry leader Tata Consultancy Services Ltd (TCS) sees a multi-year business opportunity in cloud technologies. Wipro Ltd’s reorganisation efforts are yielding results. The company announced several deal wins including a mega contract with Metro AG. Mid-tier IT firm Larsen & Toubro Infotech Ltd (LTI) also impressed, announcing a large order win and...

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