The Indian IT industry’s top outsourcing firms, TCS and Infosys, have been leading the way in landing contracts worth $100 million or more with global clients. According to a recent report, these two companies have managed to secure contracts valued at over $100 million, while their competitors continue to lag behind.
TCS, in particular, has been riding high with a whopping 40% of its total contracts worth $100 million or more, indicating a significant number of large-scale deals. Infosys, on the other hand, has secured a notable 20% of its contracts in this range, pushing its revenue growth.
The report highlights the growing reorganization of the global IT market, with clients actively seeking customized and bundled services from top-tier providers. The shift in demand is driving increased focus on high-value, strategic partnerships, with Indian IT companies like TCS and Infosys well-positioned to capitalize on this trend.
The remaining Indian IT major, Wipro, has struggled to make a similar impact, securing only about 10% of its contracts in the $100 million+ category. The report emphasizes the importance of clients’ preferences for top-tier providers that can deliver premium services and strategic value.