IT
US tariff jitters slow Indian IT firms’ deal momentum in first quarter
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Deal signings in the technology sector have slowed down after a pickup at the beginning of 2025, as tariff-related jitters damped the momentum with an estimated 10-15% of contracts now estimated to be delayed or under review.
Indian IT majors are signing fewer deals as clients wait and watch before closing deals, data sourced by ET showed. Deal-win announcements this April fell to 15 from 19 the previous month, as per data from BNP Paribas’ deal tracker report. Signings had picked up to 20 in January from just a dozen in December. February, with…
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