IT and ITES

India's technology industry is one of the world's great export success stories. As AI reshapes demand and new markets emerge, international expansion is becoming increasingly important for ambitious Indian IT and ITES businesses.

Indian IT firms are investing in AI-led service models and competing for high-value AI engineering and data services contracts. As they move beyond the traditional outsourcing model, Indian software businesses are looking to build an overseas presence to capture market share, strengthen trust and meet evolving data transfer restrictions.

For IT businesses with global ambitions, scaling across jurisdictions brings regulatory, tax and structuring complexity. International partnerships also challenge Indian businesses to streamline cross-border data and treasury operations to support more sophisticated platforms and products efficiently.

• Potential for Indian software businesses to leverage local expertise in AI analytics tools for a global audience.
• Enthusiasm around AI is driving global spending on technology services across a wide range of industries.
• Growing market share along new and established corridors as digitisation accelerates globally.

• Data privacy and compliance risks are rising in an evolving regulatory environment, with many markets requiring local data to be maintained onshore.
• Certification requirements in industries such as healthcare and fintech act as barriers to entry for software vendors in certain markets. 
• Scaling innovation across markets requires a streamlined, nimble operating model that can adapt quickly to new opportunities.

HSBC supports innovative businesses in the IT and services industry with tailored financial solutions. As you venture into new markets or roll out new products, HSBC’s global network and industry specialists are on hand to help you finance organic and inorganic growth, manage currency risks and optimise your working capital.