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  1. Global textile market competition continues, with high international participation in ITMA involving key players like China, Europe, India, and Türkiye.
  2. Global economic slowdown affects both China and Europe, while China's competitive pressures are noted on major technology companies.

Global market slowdown and geopolitical factors are impacting IT services revenue and sales across major companies like Infosys, Wipro, and HCL.

1 report, 1 independent Updated Sep 1
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Global market slowdown and geopolitical factors are impacting IT services revenue and sales across major companies like Infosys, Wipro, and HCL.

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  1. Wipro, Infosys, and HCL are facing market headwinds due to rising input costs, intense competition, and regulatory pressures affecting their operations.Sub-event
  2. IT services face weak demand and client caution amid global slowdown and geopolitical pressures.1 source

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