News » Subsidiaries of Indian firms in China get caught in crossfire

Subsidiaries of Indian firms in China get caught in crossfire

Subsidiaries of Indian firms in China get caught in crossfire

Indian technology companies with a presence in China are anxious about the fallout of India’s economic retaliation against China amid rising tension between the two nations. Experts have said that Indian software services providers in China may risk losing those projects, which will impact their investments in Asia’s largest economy.

India released a strong anti-China sentiment as the government announced a temporary ban on 59 Chinese apps on Monday. Companies fear that these actions could lead to retaliatory measures by China.

According to Gartner research, major Indian IT services providers like Infosys, Wipro, and Tata Consultancy Services have multi-location footprints in China.

“Indian IT service providers leverage China to engage with local businesses as well as serve their global IT/BPO customer base. In the near term, continued geopolitical tensions may lead to no additional investment in these countries, coupled with identification of new neighbouring locations with a positive climate,” said Naveen Mishra, senior research director at Gartner.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.