Galwan Valley Clash: Indian IT Services companies In Wait-And-Watch Mode

With the India-China border face-off in Galwan Valley of Ladakh disrupting trade relationship between the two sides, the country’s IT services companies say they are watching the developments keenly.

“It is a multi-tangential issue. Indian IT services have a base in China though only to a limited extent,” said Sanchit Vir Gogia, founder and CEO of Greyhound Research.

“In the long term, Indian IT players have to tie up with local Chinese partners from a delivery perspective (similar Facebook-Jio deal in India) as even Facebook and Google have not been able to enter China for a long time.”

[Business Standard]


Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Digital & Technology Research & Advisory firm. To read more about him, click here.

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