IT services troubles for India

The last thing the major IT services firms in India needed, was the terrorist attacks that occurred over the past 48 hours in Mumbai. Unlike previous attacks in Bangalore and New Delhi, this one is taking center stage with respect to media coverage. Pretty much what the terrorists are looking for.

Companies such as Wipro, InfoSys, Satyam, and Tata Consultancy Services are going to have more challenges to secure existing business let alone win new business with these recent events. India isn't the only game in town with respect to IT services, as countries like the Philippines, South America, and even smaller firms within the United States sprinkled across the likes of Utah, and Idaho present options for firms to spread their risk. These options aren't new, but their popularity may increase.

Even with such dire circumstances, some of these companies aren't going away. India will still continue to produce engineers at a ferocious pace compared to other countries around the world. IT work still still find its way there. Time to keep tabs on these companies for possible investments in the future.

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