US tariff jitters slow Indian IT firms’ deal momentum in first quarter

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Deal signings in the technology sector have slowed down after a pickup at the beginning of 2025, as tariff-related jitters damped the momentum with an estimated 10-15% of contracts now estimated to be delayed or under review.

Indian IT majors are signing fewer deals as clients wait and watch before closing deals, data sourced by ET showed. Deal-win announcements this April fell to 15 from 19 the previous month, as per data from BNP Paribas’ deal tracker report. Signings had picked up to 20 in January from just a dozen in December. February, with…



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US tariff jitters slow Indian IT firms’ deal momentum in first quarter


Deal signings in the technology sector have slowed down after a pickup at the beginning of 2025, as tariff-related jitters damped the momentum with an estimated 10-15% of contracts now estimated to be delayed or under review.

Indian IT majors are signing fewer deals as clients wait and watch before closing deals, data sourced by ET showed. Deal-win announcements this April fell to 15 from 19 the previous month, as per data from BNP Paribas’ deal tracker report. Signings had picked up to 20 in January from just a dozen in December. February, with…



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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