By Admin 
Legal risks for Indian IT companies: Indian IT companies have made efforts to change the nature of their work in the last few years. Today’s Indian IT companies do not want to limit themselves to just providing outsourcing services. IT companies are emphasizing on creating new technologies, their own software, platforms and especially new products based on AI.
On one hand, this news reveals the changing agenda of Indian IT companies. On the other hand, legal cases are being filed against Indian IT companies in America. America’s strict laws have troubled IT companies. Today we will talk about why Indian IT companies are facing new problems in the American market.
America is the biggest market
America is one of the biggest markets for Indian IT companies. Major IT companies of the country provide their services to America. However, due to the strict laws of America, the threat of legal cases keeps hanging over the companies. Talking about America’s legal system, it is very harsh.
If any case related to misuse of patent or software comes to light against any company, then law cases are filed against the companies. Besides, crores of dollars are taken from them as fine. In such a situation, a new threat may arise for Indian IT companies, because companies are now working on new innovations.
hexaware case case
This is not just one aspect of the lawsuit filed by American companies. The matter seems to be more than a dispute. American IT companies are considering the new efforts of Indian IT companies as a threat to themselves. This is why cases are being filed. This is being linked to a recent incident.
Recently, American Netsoft and Updraft company have filed a lawsuit of 500 million dollars (about Rs 4,000 crore in Indian rupees) against India’s Hexaware Technologies. The American company alleges that Hexaware has misused its technology and software.
What do experts say?
IT experts believe that, along with working on new technology, software, AI technology etc., it is important for Indian IT companies to understand the law and code line. For this, companies should take appropriate steps. Clear contracts should be made regarding the new project and all the information related to the new technology should be written in it. So that companies do not face any kind of problem in future.
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