Key Points
BENGALURU: IT services companies are increasingly adopting. as a strategy to be closer to their clients while finding cost-effective alternatives to onsite locations...
In recent years, these firms have expressed their intention to expand in nearshore locations such as Costa Rica, Morocco, Romania, and the Philippines..
According to their annual report,. aims to double its nearshore headcount in the 2025-26 financial year from over 23,000 in the 2023 and 2024 financial years..
Infosys, for instance, has also seen its nearshore headcount increase to 64,240 in the 2023-24 financial year from 49,473 in the 2021-2022 financial year...
A similar centre was inaugurated in Stockholm in Aug this year - a strategic location in the Nordics - where TCS has over 20,000 employees across Sweden, Norway, Denmark, and Finland.. continue to add to their nearshore centres, although they have not provided consolidated numbers for these locations..
