Wednesday, 19 November, 2025
IT Firms Rewrite Contracts to Manage Geopolitical 'Permacrisis' Risks
Indian IT firms are actively renegotiating and redrafting global contracts to incorporate clauses addressing escalating geopolitical risks and "permacrisis" conditions. These changes factor in potential disruptions from conflicts, trade wars, and sanctions, moving beyond standard force majeure clauses. This strategic shift aims to secure business continuity and manage operational risks in an increasingly volatile global environment.
Read full story at Economic Times