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Renewed U.S. demand to lift Infosys, IT sector outlook

India's second largest computer services exporter, once seen as a bellwether for India's $108 billion IT industry

Reuters  |  Bangalore 

The strongest growth outlook for US demand for information and communication technology since the 2008 financial crisis is likely to help Narayana Murthy revive Infosys Ltd , the Indian IT giant he founded, but the updraft will also boost its faster-growing rivals. India's second largest computer services exporter, once seen as a bellwether for India's $108 billion IT industry, derives 62% of revenues from North America, a larger share than competitors Tata Consultancy Services Ltd , HCL Technologies Ltd and Wipro Ltd . Technology consultancy Forrester Research forecasts an ...

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First Published: Thu, July 11 2013. 13:53 IST
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