How Can Crypto Save the Indian IT Industry Against Trump’s Actions?
US President Donald Trump recently penalized India by imposing a 50% tariff on goods imported from the Asian country. Trump took this harsh stance following allegations that India purchased oil from Russia, indirectly funding the war against Ukraine. That move appears to be shaking the foundations of the Indian economy, including the IT sector, considering that 60% of India’s IT revenue comes from the US.
Trump's actions pose a threat to the
— Kashif Raza (@simplykashif) September 6, 2025IT industry.
60% of the Indian IT industry's revenue comes from the.
This threat is real, but it can be mitigated through the use of the crypto industry.
How can "crypto save the Indian
Trump’s Sanctions Threaten the Indian IT Sector
More directly, Trump’s recent sanctions have threatened the Indian IT sector through visa restrictions, sparking fears of increased operational costs due to the need for local recruitment in the US or neighboring regions. Meanwhile, Trump is pressuring local IT companies to reverse the current trend of outsourcing from India and focus on local labor.
Besides the above measures, the US President, in line with his “America Fir…
The post How Can Crypto Save the Indian IT Industry Against Trump’s Actions? appeared first on Coin Edition.
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How Can Crypto Save the Indian IT Industry Against Trump’s Actions?
US President Donald Trump recently penalized India by imposing a 50% tariff on goods imported from the Asian country. Trump took this harsh stance following allegations that India purchased oil from Russia, indirectly funding the war against Ukraine. That move appears to be shaking the foundations of the Indian economy, including the IT sector, considering that 60% of India’s IT revenue comes from the US.
Trump's actions pose a threat to the
— Kashif Raza (@simplykashif) September 6, 2025
60% of the Indian IT industry's revenue comes from the
This threat is real, but it can be mitigated through the use of the crypto industry.
How can "crypto save the Indian
Trump’s Sanctions Threaten the Indian IT Sector
More directly, Trump’s recent sanctions have threatened the Indian IT sector through visa restrictions, sparking fears of increased operational costs due to the need for local recruitment in the US or neighboring regions. Meanwhile, Trump is pressuring local IT companies to reverse the current trend of outsourcing from India and focus on local labor.
Besides the above measures, the US President, in line with his “America Fir…
The post How Can Crypto Save the Indian IT Industry Against Trump’s Actions? appeared first on Coin Edition.
Read More
Saudi Aramco’s steeper discounts aim to drive October crude purchases