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Why Infosys doesn’t want government contracts in its portfolio

Infosys is changing course in its India business to focus more on deals from corporations rather than government, which now contributes about 90% to the company’s revenue in its home market.

The government takes a long time to finalise contracts and implementation cycles are long, adding to the pressure on Infosys, which is looking to make up for project delays and cancellations in its main markets — the US and Europe — from where it earns about 85% of its income.

via TOI



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