tech: India's domination of Silicon Valley in positions of power is certainly a contributor to its IT sector - the US represents roughly two-thirds of Indian IT services exports - whereas the domination that portrays an exodus of India's brightest tech talents should take the blame for the nation's invisibility in tech leadership at large, according to Global Times China. Mumbai-headquartered IT services major TCS is arguably one of the brightest stars in the nation's sizzling stock market. The sad part yet to be realized or acknowledged is that the achievement attests to, at the most, the South Asian nation's strength in the IT services subsector of the wider tech world. A bull run in the Indian equity market that was not interrupted by a global downturn in 2018 has continued into this year. In one step further, TCS beat IBM in market capitalization in June when Indian stocks surged to record highs. The top tech company in India crossed the 100 billion mark in market value in April 2018, making it the first Indian company to break that barrier.
(news.financializer.com). As
reported in the news.
Tagged under tech, tech talents topics.