Domestic IT, tech firms tread with caution as tension boils over ...Middle East

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Domestic IT, tech firms tread with caution as tension boils over
New Delhi: As the diplomatic ties between India and Canada continue to deteriorate, domestic IT firms, especially those which have business and offices in Canada, remain in a state of caution, adopting a “wait and watch” approach. Indian IT companies like Tata Consultancy Services (TCS), Infosys and Wipro have invested heavily in Canada and have a significant presence there. These tech players have pumped in millions of dollars and created thousands of jobs in the country. Industry experts expressed concerns that the current stalemate can delay new business deals and the movement of professionals between two nations. They stressed that a “favourable political climate” is essential for

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