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Robust outsourcing demand from Europe helped cushion revenue growth in at least three of India’s top six software services exporters during the June quarter.
HCLTech, LTIMindtree, and Tech Mahindra gained new business from European clients, marking a revival for the region after three quarters of deal slowdown. Overall revenues in these companies rose in low single digits in the three months ended June.
“Europe has become an interesting case of late. It is starting to build tech capabilities to maintain its tech sovereignty, which at the moment is…
