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RE: LeoThread 2024-10-28 03:27

in LeoFinance10 days ago

According to Pareekh Jain, founder and CEO of IT research firm EIIR Trend, the automotive tech business for Indian IT services firms comprises roughly 50-60% of manufacturing revenues—a significant vertical, contributing about 15% to India’s $250 billion outsourcing industry. This places India's automotive tech and engineering sector at approximately $20 billion. “The automobile industry has seen tailwinds over the past three years, but the momentum is shifting. Incumbent OEMs are facing challen ..