Indian IT giants like Wipro, Infosys, HCLTech, and TCS are focusing on securing large and mega deals, with an emphasis on contracts above $100 million.
Wipro's CEO Thierry Delaporte is steering the company away from smaller, less lucrative clients, leading to a surge in both the number and size of deals, including two half-a-billion-dollar contracts.
Infosys hit its highest-ever Total Contract Value (TCV) of large deals at $7.7 billion in Q2, contributing to a remarkable $10 billion TCV for H1 FY24, driven by deals centered on cost, efficiency, and advanced technologies.