IT Services to see deal momentum improving from US clients

The India-US trade deal is set to enhance collaboration and investment, particularly benefiting IT services and export-oriented sectors. It reduces tariffs on Indian imports and boosts confidence in cross-border technology collaboration, encouraging infrastructure development and investment in AI and data centers. Ashish Suman, Partner, JSA, said increased imports of US goods are likely to provide improved access to advanced machinery and technology, which will surely benefit the construction sector, with such technology being accessible at lesser than earlier cost. “Investments in the refineries, storage & downstream logistics infrastructure will also see a surge as the deal provides an overall message of predictable energy supply and cooperation. With the investor confidence being restored, we can see accelerated investment of US companies in India’s expanding AI and data centre ecosystem,” Suman said. Read more