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

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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