TCS says retail, travel clients more exposed to US tariff turmoil

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Clients of Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company’s CEO told Reuters.

The banking and financial services sector – which makes up nearly a third of revenue for India’s biggest software exporter – remains unaffected, TCS top boss K Krithivasan said in an interview.

The global trade war and US President Donald Trump‘s back-and-forth on tariffs have made it difficult to forecast market conditions, making…



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TCS says retail, travel clients more exposed to US tariff turmoil


Clients of Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company’s CEO told Reuters.

The banking and financial services sector – which makes up nearly a third of revenue for India’s biggest software exporter – remains unaffected, TCS top boss K Krithivasan said in an interview.

The global trade war and US President Donald Trump‘s back-and-forth on tariffs have made it difficult to forecast market conditions, making…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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