RSSIndian IT Services - US Dependence
Its result time for the Indian it services world, i was just looking at the results of Infosys and iGate, as i was wondering through the announcement files, there are a couple of interesting charts but one that is always of debate is the large dependence of the Indian IT Services players on the United States for revenue, Irrespective of size between 60-80% of the revenue for these companies is from the US.
Below are two charts, first from iGate a smaller player and second from Infosys - one of the beacons of the Indian IT Services industry:
