MUMBAI (NewsRise) -- Top Indian outsourcing companies Tata Consultancy Services, Infosys, and HCL Technologies are likely to post strong quarterly revenue, aided by the steady inflow of outsourcing deals, even as fears of a global macroeconomic slowdown cast a shadow over this year's outlook.
The industry thrived as outsourcing deals surged over the past year, with India's largest software exporter TCS bagging orders worth billions of dollars since the beginning of 2018. A 6.1% decline in the value of the rupee against the U.S. dollar also helped boost the profits of Indian companies last year.
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