Indian IT Majors shows a negative growth…

11:32 am in Outsourcing by admin

The great Indian outsourcing story may have been coming to a flat growth in the 3rd quarter of year 2009. The Indian IT companies who were growing at a range of at least 30 to 40% y-o-y seems to have indicated a negative growth for the month of august and September. TCS, Infosys, and Wipro the darlings of the Indian IT industry seems to have witnessed in the negative in the overall income. However the pundits of Indian IT still have a strong bet as the Indian companies are striving to overcome the global recession that have taken a toll on the Indian IT sector.

Written by Anand.G
The writer is founder of a cricket website Crickick.com, a IT-ITES Professional, an startup enthusiast