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Indian IT firms' subcontracting expenditure increased in 2018

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"Subcontracting is employed by IT companies as a short-term measure to fill gaps in supply intended to be filled through H-1B workers or offshoring, to avoid drag on margins," Kotak analysts Kawaljeet Saluja and Sathish Kumar wrote in their note. "Subcontracting levels have increased materially for most IT companies in the September 2018 quarter on a YoY(year-over-year) basis."

Last updated: 1 year ago

Data: Companies, Kotak Institutional Equities

Last updated: 1 year ago  |  Data: Companies, Kotak Institutional Equities