TCS,WIPRO,HCLT — US healthcare crisis, regulatory headwinds create drag on Indian IT firms

Indian information technology service providers are facing headwinds from the United States as a crisis in the American healthcare sector and new regulatory curbs weigh on a key revenue vertical. The challenges in the US market are creating downward pressure on growth for Indian IT firms that have significant exposure to healthcare clients. This adds to concerns about broader demand softness in the crucial North American market.