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HindustanTimes Sat,02 Aug 2014

Infotech-Telecom

Infosys sees strong IT sector growth
PTI
January 25, 2013
First Published: 22:56 IST(25/1/2013)
Last Updated: 22:57 IST(25/1/2013)

Enthused by improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys said it is bullish over better growth prospects of IT sector in 2013 and expects greater job creation this year.

“I believe 2013 to be better than 2012 for IT sector as globally lots of uncertainties have been removed, US elections are over, Europe is not going to split and people believe that it is going to stay together,” said Infosys co-founder and executive co-chairman S Gopalakrishnan, known as Kris.

“When I say 2013 is going to be better, this means that growth opportunities for Indian IT industry is going to be better and that is what I expect,” he said. “That also means that more jobs will be created by the industry. 25 lakh people are currently employed by IT industry and even if you look at 10% growth, then you are looking at 2-2.5 lakh additional people being hired by the industry and that is very good.”

About the broader economic scenario, Kris said, “Reforms that have happened in last few months have improved the sentiments, increased the confidence, and I except the growth to reach 7% or more in 2013.”


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