<ul><li>Indian IT giants, like TCS and Infosys, are thriving in the Nordic market, which grew from $24.4B in 2018 to $29.5B in 2023.</li><li>With TCS having 20,000 employees and Infosys over 2,500, Indian companies are strategically expanding in the Nordics, establishing local centers and tailored strategies.</li><li>Indian firms offer a 10-15% cost advantage, evidenced by deals like Infosys' $454M Danske Bank agreement, showcasing their prowess in digital transformation.</li><li>Nordic clients choose Indian IT partners for sustainable cost reductions (1.5-2%), and managed-services outsourcing expenditures in the Nordics have rebounded by 9% in H1 2023.</li></ul>

Nordic region emerges as pocket of hope for Indian IT as other markets slow

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