Galwan Valley clash: Indian IT services companies in wait-and-watch mode

Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, including locals as well as expatriates.

With the India-China border face-off in Galwan Valley of Ladakh disrupting trade relationship between the two sides, the country’s IT services companies say they are watching the developments keenly.

China as a market is quite small for Indian IT firms at the moment, but they use the country as a delivery base to cater to global clients.

“The industry is in wait and watch mode. This issue with China is not economic. It is a military and territorial issue. We are hopeful the situation will be sorted, sooner than later,” said Gagan Sabharwal, senior director (Global Trade Development) at National