India’s IT sector treads the tightrope between tariff wars and recession fears

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An apall of uncertainty is shrouding India’s software services exporters just when they were starting to see early signs of a revival in business. This, as the US — the biggest revenue generator for these firms — unleashes global tariff wars under the new Donald Trump administration, triggering macro-economic uncertainties and fears of a potential recession.

“Demand uncertainties from the second half of calendar year 2024 (2HCY24) have trickled into calendar year 2025 estimated (CY2025E) budgets, implying continued weakness in financial year…



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India’s IT sector treads the tightrope between tariff wars and recession fears


An apall of uncertainty is shrouding India’s software services exporters just when they were starting to see early signs of a revival in business. This, as the US — the biggest revenue generator for these firms — unleashes global tariff wars under the new Donald Trump administration, triggering macro-economic uncertainties and fears of a potential recession.

“Demand uncertainties from the second half of calendar year 2024 (2HCY24) have trickled into calendar year 2025 estimated (CY2025E) budgets, implying continued weakness in financial year…



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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