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IT firms brace for tariff impact
Orissa POST
|April 06, 2025
India's $283-billion IT sector should brace for a tough year ahead as tariffs are likely to stoke inflation in its key U.S. market and force clients to cut spending, analysts said.
Although President Donald Trump did not impose direct tariffs on IT services, Indian firms are expected to feel the heat as clients, especially in manufacturing, logistics and retail sectors, adjust to the new levies.
That could slow deal cycles, delay existing projects and hurt revenue growth, analysts at Bernstein and ICICI Securities, ruinged to their ratings on the Indian IT sector soon after the tariff announcement.
Cette histoire est tirée de l'édition April 06, 2025 de Orissa POST.
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