ilmscore | Prediction Details
"if u.s really starts going into a recession because of back-to-back interest rate growths... the correct answer is indeed i.t. okay in fact our entire indian i.t industry overall that generates 40 to 70 percent of its revenue in u.s dollars okay so if that be so that's that's a big chunk right 40 to 70 percent of the total income coming from usa and if if that be so then is that going to impact the i.t sector and answer is yes"
By CA Rachana Phadke Ranade | September 1, 2022 | Pending
From video
Is Recession Coming to India? | Impact of Global Scenarios on Indian Markets | CA Rachana Ranade 00:11:53 - 00:13:03
Interpreted Prediction
A US recession could significantly impact India's IT sector, which derives 40-70% of its revenue from the US.

Prediction Details

Topic
US Recession and India's IT Sector

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.