India’s IT Industry Braces For Coronavirus Impact

A hit to global businesses following the coronavirus outbreak notwithstanding, India’s $185 billion information technology (IT) industry says that it has been minimally impacted. So far. It will be damaging though, if the outbreak is not contained soon enough as most of their clientele are manufacturers, industry executives said.

Coronavirus is a rude reminder of the fragility in the systems of doing business and the uncertainty. In the long run, IT services companies must take cues from this episode for contingency of delivery to clients, said Sanchit Vir Gogia, chief executive and founder Greyhound Research.

[HT Mint]


Analyst:

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

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