India’s TCS says retail, travel clients more exposed to US tariff turmoil

According to Haripryia Suresh and Say Isfarbharhat b

Bengaluru (Reuters) – India’s Tata Consulting Customers in retail, travel and automotive areas are more effects on US tariffs, and they can apply for costs if uncertainty continues, the company’s director continues.

The banking and financial services sector, which is almost a third of India’s largest software exporter, remains unprotected, TCS Top Boss K Krithivasan said in an interview.

Global Tariff Trade War and US President Donald Trump have made it difficult to predict market conditions, businesses range from making great cost decisions.

“Consumer business, hospitality business, travel, car industry are business for which we have to watch. If uncertainty continues longer, that business can focus more, “but at the moment I have not heard anything,” said Kritivasan.

Retail and manufacturing is the second and fourth largest income investors, and banking remains the biggest.

TCS earns about half of its income from North America, a determined market for Indian IT services, which are subject to tariff consequences through their US customers.

On Thursday, the company missed the fourth quarter earnings and warned of postponing decisions in discretionary projects.

However TCS expects uncertainty “short”.

Kipita maintains that he expects to be better than 2026 financial years, as there have been still Heritage software and systems Customers can replace average in the long run.

TCS also said that the customer’s trend to help their IT vendors help the company to buy a market.

“In particular, when customers look at the cost optimization, they will try to reduce the number of service providers. TCS was the beneficiary of this consolidation on FY25, “said Kypima

(Reports Haripryia Suresh and Saishwar Parat B. Editing, Devika Syamnath)