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Galwan Valley clash: Indian IT services companies in wait-and-watch mode

Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, including locals as well as expatriates.

Information technology, IT, Tech, Data, cloud, internet
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Among the large Indian firms, Infosys has around 4,000 employees in the country, while Wipro has more than 2,000 employees, around 98 per cent which are local.

Sai IshwarNeha Alawadhi Mumbai/New Delhi
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.

China as a market is quite small for Indian IT firms at the moment, but they use the country as a delivery base to cater to global clients.

“The industry is in wait and watch mode. This issue with China is not economic. It is a military and territorial issue. We are hopeful the situation will be sorted, sooner than later,” said Gagan Sabharwal, senior director (Global Trade Development) at National

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First Published: Jun 18 2020 | 8:53 PM IST

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