SynopsisThis trend is likely to persist for the next two-three years, according to industry watchers. It was also reflected in the flattish sequential growth in total contract value (TCV) of TCS, Wipro, Tech Mahindra and LTM in the first quarter of this financial year, despite the first winning large contracts.IT contract discounts have expanded to 30-40% from 20-30% last year, as enterprises push for productivity benefits to be passed on to them. Revenues of IT companies may come under increased pressure as a result, said experts. This trend is likely to persist for the next two-three years, according to industry watchers. It was also reflected in the flattish sequential growth in total contract value (TCV) of TCS, Wipro, Tech Mahindra and LTM in theNow Playing