Indian IT leaders TCS and Infosys confident on digital services growth By Reuters

Indian IT leaders TCS and Infosys confident on digital services growth By Reuters
Indian IT leaders TCS and Infosys confident on digital services growth © Reuters. FILE PHOTO: A man walks past a billboard of Infosys Technologies Ltd’s office in Bangalore, capital of the southern state of Karnataka, October 10, 2003. REUTERS/Jagadeesh NV KK/FA

By Sethuraman N R and Sankalp Phartiyal

BENGALURU (Reuters) -Infosys raised its revenue forecast and Tata Consultancy Services (TCS) predicted robust demand on Wednesday as the Indian IT giants said they expect tech spending to continue, particularly for digital services such as the cloud.

Often seen as a bellwether for India’s more than $190 billion software services industry, Infosys (NYSE:) said large deal wins worth $2.53 billion in the three months to the end of December had boosted its confidence.

Mumbai-based TCS and Bengaluru-headquartered Infosys came to prominence by giving Western clients low-cost solutions to problems such as the Y2K bug and have become global…

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