How a US tech firm turned bigger than some Indian IT cos

EPAM's business had nearly come to a standstill due to the Russia-Ukraine conflict that began in February 2022

- Jas Bardia & Varun Sood

US technology services firm EPAM Systems has emerged bigger than LTIMindtree Ltd and grown faster than Tech Mahindra Ltd with a simple hack: doubling its employee strength in India.

EPAM's business had nearly come to a standstill when the Russia-Ukraine conflict began in February 2022, as a third of the company's workforce was in the war-torn countries. Since then, the firm has almost doubled its employee presence in India, now its second-largest base by workforce.

This has allowed EPAM to retain clients and regain growth.