India IT demand outlook remains uncertain amid US tariff risks, says Wipro chair

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The demand outlook for India’s $283-billion IT sector remains uncertain due to US tariff risks and global geopolitical factors, a senior Wipro executive said on Wednesday.

“Customers are getting acclimatised to living in a world that is uncertain,” said Rishad Premji, executive chairman of the country’s fourth-largest IT firm by revenue.

“The (overall) environment remains uncertain. It has not gotten any worse but not gotten significantly better at the moment.”

He was speaking at the company’s annual shareholder meeting ahead of first-quarter results…



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India IT demand outlook remains uncertain amid US tariff risks, says Wipro chair



The demand outlook for India’s $283-billion IT sector remains uncertain due to US tariff risks and global geopolitical factors, a senior Wipro executive said on Wednesday.

“Customers are getting acclimatised to living in a world that is uncertain,” said Rishad Premji, executive chairman of the country’s fourth-largest IT firm by revenue.

“The (overall) environment remains uncertain. It has not gotten any worse but not gotten significantly better at the moment.”

He was speaking at the company’s annual shareholder meeting ahead of first-quarter results…



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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