Mid-Tier Indian Services Companies Looking Good

Gartner may have reported pessimistic growth projections for worldwide IT spending this year. Compared with the past three years, the researcher believes that 2012 will see the slowest growth in IT spending at 4.6%. But that has neither dampened growth for the bigger IT players in India nor limited aspiration for the mid-tier players in the country. MindTree and Persistent Systems are among the bigger mid-tier IT companies in the market, and their results remain impressive.

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