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The reason why, every Indian IT majors are trying to stop america from going into protectionism mode is their 90% of the revenue comes from US. Yes the labour is "cheap" here - 24$ per hour.

Currently Indian IT majors have no or very low focus on local Indian consumers.

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> Currently Indian IT majors have no or very low focus on local Indian consumers.

India's largest software exporter, TCS get its almost 10% revenue from domestic clients. One of the major client is Government of India ofcourse.

The IT majors have looked beyond US to de-risk their portfolio. IIRC, Infosys' dependence on US market is < 50% of their revenue. They are expanding aggressively in Europe etc.,

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