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Indian IT is all set to build on pandemic era gains

Having missed out on the gold rush following the onset of cloud computing, the best Indian IT firms are perfectly placed not to miss out this time

January 07, 2021 / 08:34 AM IST
Indian IT is all set to build on pandemic era gains

Image: Reuters

Two recent research reports, by Goldman Sachs (GS) and Credit Suisse (CS) respectively, reaffirm the huge upside Indian IT could be looking at over the next few years. The GS report forecasts a double-digit dollar revenue growth for the Top-5 Indian IT vendors amidst what it calls the “Third wave of IT outsourcing cycle”, the first two being Y2K and the Global Financial Crisis. It’s a view echoed by Credit Suisse which says the Indian IT sector is “Entering...

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