HCLTech achieved the leading position in relative market share BENGALURU: The aggregate incremental revenue of tier-1 Indian IT firms was a mere $84 million in the Americas in the 2024-25 financial year compared to $538 million that mid-tier companies added in the same geography in the last financial year.The 2024-25 financial year marks another year of underwhelming performance in the Americas region, which represents 55% of revenue for tier-1 companies. The region contributed merely 4% to the additional revenue during the same period for tier-1 firms, while India and Rest of World markets delivered most of the growth.HCLTech achieved the leading position in relative market share among tier-1 companies, contributing $399 million to the total incremental revenue. “This implies that tier-2s are in a better position to deliver higher or similar growth for FY26 vs tier-1s, which are…

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