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Countries In-Depth

Service Exports: India’s Strength Or A Vulnerability?

by Rajeeb Pramanik, India, ASEAN, and EMEA Strategist  

India's IT service exports have been booming and will continue to do so despite wider AI usage. Indian IT stocks, however, will not benefit from it as the expanding Global Capability Centers (GCCs) in India compete with the nation’s IT companies, driving the latter's profitability down.

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