Indian IT firms turn to acquisitions and partnerships to expand in Europe
Indian IT services firms are increasingly using acquisitions and local partnerships to expand their presence in Europe, targeting consulting capabilities, established clients, local talent and artificial intelligence (AI) expertise as the market shifts towards digital sovereignty and regulatory compliance.
Recent moves, including TCS’s MHP deal, Persistent Systems’ bid for Nagarro and LTIMindtree’s proposal involving Randstad, point to a strategy of gaining capabilities and market access through established businesses rather than building them from scratch.
