Archive · 20 Jul 2026
US Healthcare Crisis Hits Indian IT
Indian IT companies like Wipro, TCS, and HCL Technologies have seen a drop in revenue from the US healthcare sector.
This is because the US healthcare system is facing a crisis, and the government has introduced measures to control costs.
As a result, healthcare companies in the US are spending less on IT services and more on AI and automation.
Wipro's healthcare revenue fell by 2.6%, TCS by 1%, and HCL by 0.5%.
Tech Mahindra was the only company that saw a growth of 2.6% in this sector.
Analysts believe that this trend might continue as companies focus more on AI.
However, some IT companies expect the situation to improve in the coming quarters.
Indian IT companies report decline in US healthcare vertical revenue: Wipro -2.6%, TCS -1%, HCL -0.5%.
Tech Mahindra's healthcare vertical grew by 2.6%, bucking the trend.
US healthcare affordability crisis and regulatory measures pressure companies' margins.
Healthcare companies shifting spending from IT services to AI and automation.
Analysts note discretionary spending declining in favor of AI investments.
- Who
- Indian IT companies (Wipro, TCS, HCL Technologies, Tech Mahindra)
- What
- Decline in revenue from US healthcare and life sciences vertical
- When
- Q1 earnings reports
- Where
- United States healthcare sector
- Why
- US healthcare affordability crisis, regulatory measures, shift to AI spending
- Indian IT Companies
- Wipro, TCS, HCL Technologies, Tech Mahindra
- Healthcare Vertical Revenue Decline
- Wipro: -2.6%, TCS: -1%, HCL: -0.5%
- Tech Mahindra Exception
- Healthcare vertical grew 2.6%
- US Healthcare Measures
- Price caps on drugs, reduced Medicare costs
- Client Spending Shift
- From IT services to AI and automation
- Wipro's Healthcare Revenue Share
- 14% of overall revenue
- Analyst Perspective
- Discretionary spending declining in favor of AI