A US recession will also come to India’s tech hub | Mint - Mint


7/24/2022 12:00:00 AM2 years 9 months ago
by Bloomberg

Western firms are still sending a steady flow of outsourcing deals, but the profitability of software exporters like Infosys is witnessing a sharp decline.

Indias tech industry is ruling out a US recession. Or so you would think from Infosys Ltd.s cheery forecast of 14% to 16% annual revenue growth, slightly better than what the countrys second-biggest … [+5605 chars]

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