Branch² Intelligence
Persistent-Nagarro Deal, June GST Collection, Adani-IHC JV, Auto Sales Data — The Week That Was
Key takeaway
Persistent Systems' acquisition of Nagarro creates a $5bn+ IT services entity, consolidating mid-tier Indian IT.
- Step 1Persistent Systems acquires Nagarro, creating a larger mid-tier IT services firm.
- Step 2The deal triggers consolidation in Indian IT as peers seek scale to compete, affecting pricing and margins.
- Step 3UK SMEs that outsource IT services to Indian vendors face reduced supplier choice and potential price increases as consolidation reduces competition.
Source: IN:NDTV Profit
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