Yes, that is true, but that is the nature of such businesses, they go where they can provide their services, and IT companies look for clients from other geographies too.
But allocating a part of PF exclusive to one geography is diversification in its purest frm, because we will be participating in foreign companies that are located elsewhere that cater to their own, but some businesses again cater to other geographies as well, and if this revenue is substantial, then that may effect in the future.
There are merits in diversifying, but they come with caveats.
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