Indian IT Companies Should Make Inroads In China, Japan, Says Kris Gopalakrishnan

Veteran of the Information Technology (IT) industry in India and co-founder of Infosys, Kris Gopalakrishnan said Indian IT companies should make inroads in markets such as China and Japan. He also emphasised the need for these companies to embrace new-generation technology-driven services rapidly.

Gopalakrishnan noted with satisfaction that Indian IT is still growing at 8-10 per cent, given that the global GDP rate is around 2-3 per cent.

Earlier this month, industry body NASSCOM slashed India's software export growth outlook to 8-10 per cent for the current fiscal, on the back of global political and economic uncertainties, slowdown in IT spends by banking or financial services and currency volatility.