Indian IT wins half of top deals since 2020

BENGALURU: Indian IT firms have been among the biggest beneficiaries of the IT deal consolidations in the last two years. At least half of the top global deals were snagged by Indian IT players.

HfS Research’s data shows that Infosys NSE -3.13 % won a $3.2 billion deal from Daimler and a $1.5 billion deal from Vanguard. TCS NSE -1.41 % bagged a $1.5 billion deal from US retail and wholesale pharmacy major Walgreens Boots Alliance (WBA), and more recently a $2.3 billion deal from US consumer research firm Nielsen. Wipro NSE -1.96 % won a $700 million contract from German wholesaler Metro.