Indian IT Firms Face Uphill Task For New Contracts Up For Rebid

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India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as BNP Paribas, Procter & Gamble, Johnson & Johnson, Citigroup and DuPont will look at their existing contracts and ask global information technology (IT) services firms to bid for them.

The rebid deals itself could see a different shape, says Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research, “where global customers would look at acquiring technologies and companies that help in automation; outsource locally and look at offshoring as a final option”.

Source: Business Standard

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