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Business Daily from THE HINDU group of publications Sunday, March 15, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1400 hrs (IST)
Info-Tech “India to be largest IT country in next 3 years” MUMBAI: Infosys chief and co-founder Mr S Gopalakrishnan on Sunday said the IT industry would tide over the current downturn and offer significant opportunities over the next 30 years, with much wealth to be created. “We are at the very early stages of the IT industry. Only 25 per cent of the full leverage of IT is understood and used. The impact of IT will be significant in the next 25-30 years. There is still money to be made and wealth to be created in IT,'' Infos ys Chief Executive Officer and Managing Director S 'Kris' Gopalakrishnan said here. He said IT was “exciting as ever” and that there was probably still 25-30 years of impact left before the industry becomes main stream. He was speaking at 'Systems Continuum 2009', organised by IIT Bombay's Shailesh J Mehta School of Management.
Mr Gopalakrishnan said India was at the centre of the IT revolution and might surpass the US in the next three years in terms of having the largest IT professionals in the world. “In the IT revolution, we are at the centre. We are underinvested, but that is an opportunity. A lot of investment is being done in R&D here because talent is available here. Our education system provides for that,” he said. “We will be the largest IT country in the world, second only after the US. In the next three years, we will be the largest in the world,” he said. - PTI
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