Daimler Plans Supplier Switch, Infosys Faces Potential $150M Annual Loss

German automotive giant Daimler is seeking new software and equipment suppliers, putting Indian IT services firm Infosys at significant business risk. Infosys currently generates approximately $400 million in annual revenue from Daimler, but due to repeated project delivery delays, it could lose more than one-third of this business—equivalent to around $150 million in annual revenue. This move underscores Daimler's heightened demands for supply chain efficiency and delivery performance, placing considerable pressure on Infosys.