The worst is over for Tier-II IT firms in India as deals are back

Business in Tier-II ITes firms has started getting back to normal. And if the momentum continues, soon it will hit pre-COVID level. Business in March was at an all-time low, but things were better in April- May. Zensar Technologies, Mindtree, L&T Technology Services, Persistent Systems, KPIT Technologies, Birlasoft started getting deals back. Most of the projects were related to digital, cloud adoption, workplace automation and cybersecurity.

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