New Delhi, Sept. 2 -- Coforge Ltd has become the seventh major Indian IT services firm to flag global trade wars as a significant business risk, coming in the backdrop of US President Donald Trump's ire towards Prime Minister Narendra Modi's bonhomie with his Russian and Chinese counterparts.

Coforge is the latest of the country's largest software service providers, including HCL Technologies Ltd, Wipro Ltd, Tech Mahindra Ltd, LTIMindtree Ltd, Mphasis Ltd, and Hexaware Technologies Ltd, to address tariff-related uncertainties as a risk to business. This implies that tariff disputes are emerging as the single biggest challenge for India's largest tech services companies.

When countries impose tariffs on imports from other countries, comp...