Indian IT industry closely monitoring Ukraine crisis
As the crisis in Ukraine continues to escalate, Indian information technology (IT) firms which have operations in the Eastern European region, remain on wait-and-see mode.
A number of Indian firms have big centers in Hungary, Romania, Poland and the Czech Republic, countries which are within close proximity to the war-stricken Ukraine.
HCL Technologies, India’s third largest software services firm, said it is closely monitoring the situation in delivery centers in the region.
HCL said that the safety of their employees is their top priority and are focused on maintaining the highest service delivery levels for our clients.
Indian IT industry body National Association of Software and Service Companies (Nasscom) said that it is in constant touch with its members to understand the impact of the Ukraine crisis and initial feedback indicates no immediate impact as the industry does not have a significant presence in Ukraine. “Eastern Europe is a key part of the global delivery operations for companies and business continuity plans are being put in place as a matter of abundant caution,” said Sangeeta Gupta, chief strategy officer, Nasscom.
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