IT Centers of Global Retailers Clock Robust Growth in India for 2018

Captive technology centers of global retailers in India such as Target, Rakuten, Lowe's and JC Penney, grew in the double-digit range in FY18, as retailers continued to move work in-house to their own offshore centers. JC Penney Services India FY18 revenue grew 154% to $27 million, according to regulatory filings...

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