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Sooner or later, US recession will come knocking at India's tech-hub door

India's tech industry is ruling out a US recession. Or so you would think from Infosys Ltd.'s cheery forecast of 14 per cent to 16 per cent annual revenue growth

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Andy Mukherjee | Bloomberg
India’s tech industry is ruling out a US recession. Or so you would think from Infosys Ltd.’s cheery forecast of 14 per cent to 16 per cent annual revenue growth, slightly better than what the country’s second-biggest exporter of software services was projecting just three months ago.
 
The Bengaluru-based firm, which reported its June quarter earnings on Sunday, is considered the industry’s weathervane. If it’s optimistic about orders, then there’s reason to believe that the the deal pipeline isn’t drying up. US and European firms — from banking, manufacturing and retail to health care and utilities — are still entering

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