CompaniesIndia's TCS expects Trump tariffs to weaken demand after tepid year
CEO says no big drop in client projects but retail, auto sectors could spend less
Tata Consultancy Services shares have underperformed the broader stock market, falling 13.3% since January 2024. © Reuters
SAYAN CHAKRABORTY
April 10, 2025 20:33 JST
Updated on April 10, 2025 23:15 JST
BENGALURU -- U.S. President Donald Trump's sweeping tariffs have doused hopes of an immediate rebound in Indian software exports, with bellwether Tata Consultancy Services reporting underwhelming growth in the January-March quarter as clients rein in their technology expenditures.