Trump’s tariff iceberg may dent IT sales growth by 3% in FY26

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The US tariffs don’t apply to services, but they could still hurt India’s software services exporters due to their impact on key client sectors such as manufacturing and retail. This could reduce the cumulative revenue of India’s outsourcing companies by up to 3% in the current fiscal ending March 2026, industry experts told ET.

“Tariffs will impact most in two verticals for IT and ER&D (engineering, research & development) service providers – the manufacturing and consumer industries,” said Pareekh Jain, CEO of homegrown data insights platform…



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Trump’s tariff iceberg may dent IT sales growth by 3% in FY26


The US tariffs don’t apply to services, but they could still hurt India’s software services exporters due to their impact on key client sectors such as manufacturing and retail. This could reduce the cumulative revenue of India’s outsourcing companies by up to 3% in the current fiscal ending March 2026, industry experts told ET.

“Tariffs will impact most in two verticals for IT and ER&D (engineering, research & development) service providers – the manufacturing and consumer industries,” said Pareekh Jain, CEO of homegrown data insights platform…



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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