‘There is a lot of uncertainty’
N Chandrasekaran, chief operating officer and executive director of Tata Consultancy Services talks about his company’s outlook for 2010, health of IT sector and recruitment scene with Devraj Uchil.business Updated: Apr 24, 2009 00:08 IST
N Chandrasekaran, chief operating officer and executive director of Tata Consultancy Services talks about his company’s outlook for 2010, health of IT sector and recruitment scene with Devraj Uchil.
Reports suggest that BPO industry is likely to get a spurt in 2010. Do you agree with this?
It is difficult to comment on it. There is a lot of uncertainty at the moment. The global situation has not fully recovered and we would have to wait for some time till we get more signals of recovery.
How has merger of Bank of America and Merrill Lynch affected TCS?
Not much. We had deals with Merrill Lynch and Bank of America and we have benefited from the merger.
TCS has been associating itself with international and domestic sports brands. Is it a conscious decision?
We have associated with big brands like Ferari and Ducati internationally and Rajasthan Royals, the Indian Premier League team. They are big brands and we give them technology support. We haven’t been able to work much on Rajasthan Royals because the IPL has already started. But we will be giving state of the art IT solutions to better team performance. By associating with these big brands, we are looking at leveraging marketing opportunity.
Do you see China as a potential threat to India’s IT dominance?
India has a strong IT presence in the world and we have built our reputation through years of hard work and delivering quality products. We have delivered much value in this sector. Talking about China, I don’t see it as a threat and also there is huge opportunity in the world in the IT sphere.
What is TCS outlook for 2010? Will you be recruiting more in 2010?
We are investing a lot in education and training. We have already made 24,885 campus offers for 2009-10. That will be taking care of our employee requirements for 2010 and there will be no further recruitment as of now.