Post Brexit, Trump, and demonetisation, Indian tech firms desperate for relief in Arun Jaitley’s budget

Battling global headwinds, India’s $150-billion IT outsourcing industry has set high hopes on finance minister Arun Jaitley’s budget for fiscal 2018, which he will present on Feb. 01.

Due to unfavourable developments in key markets, the last few months have been painful for the sector, which contributes around 9.5% to the country’s GDP and employs around 3.7 million professionals.

In June 2016, Britain voted to exit the European Union (EU), which threw up massive challenges for Indian...

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