Archive · 23 Jul 2025
Indian IT Companies See Deal Wins Rise, Despite Challenges
Indian IT companies are getting more business, especially from big deals, which is good news.
However, they're facing some bumps along the road.
Sometimes, it takes a while for the new deals to start making money, which creates a delay.
Plus, factors like global uncertainty are causing companies to be cautious.
Despite these challenges, the overall picture shows growth, with more deals being signed.
But, it might take a while to see the full benefits, and things might change depending on how the global economy does.
Indian IT companies saw a 17% rise in deal wins during the quarter ending June, totaling $21 billion.
Growth was driven by larger deals, particularly those valued between $10 and $50 million.
Companies are experiencing challenges, including delayed deal closures and revenue conversion lags.
AI, transformation, and consolidation deals are common, with some mega deals focused on these areas.
Uncertainty persists due to factors such as geopolitical issues and delayed project ramp-ups.
- Who
- Top Indian IT companies.
- What
- Indian IT companies experienced a 17% rise in deal wins during the quarter ending June.
- When
- During the quarter ending June.
- Where
- No specific geographic locations mentioned for deal wins.
- Why
- Driven by larger deals and an increase in IT spending.
Optimistic Outlook
Cautious Outlook
Growth vs. Challenges
Optimistic Outlook
Many companies are reporting a rise in deal wins, signaling growth.
Cautious Outlook
Companies also note challenges, including delayed deal closures and revenue conversion lags.
- Total Deal Wins
- $21 billion
- Deal Win Growth
- 17%
- Deal Focus
- Larger deals ($10-$50 million)
- Wipro: Mega Deal Wins
- 2 in Q1
- Tech Mahindra: Deal Win Growth
- Sequential and Annual