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Restrictions hurting our operations in China, IT industry tells Goyal

Despite the Chinese IT services market remaining the third largest globally, investments by the Indian industry have not been able to grow owing to unique challenges faced while setting up shop

IT stocks. Photo: iStock
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Subhayan Chakraborty New Delhi
The growth of Indian IT companies in China has been crippled by market access restrictions and non-tariff barriers, even after a decade of operations, the industry has informed the government.

Despite the Chinese IT services market remaining the third largest globally, investments by the Indian industry have not been able to grow owing to unique challenges faced while setting up shop, the firms said.

Top executives from TCS, HCL, Infosys, Tech Mahindra, Wipro and others, led by the National Association of Software and Services Companies (Nasscom), attended the meet on Thursday with Commerce and Industry Minister Piyush Goyal.

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