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Monday, Sep 16, 2019

Eurozone crisis will blow over, says Azim Premji

IT czar Azim Premji is seeing no impact of eurozone crisis on the Indian IT industry and expects it to "blow-over".

business Updated: May 21, 2010 16:50 IST

PTI
Hindustantimes
         

IT czar Azim Premji is seeing no impact of eurozone crisis on the Indian IT industry and expects it to "blow-over".

"I don't think we have revised our estimates of growth from NASSCOM. We believe that it (the crisis) will blow over", the Chairman of New York Stock Exchange-listed, Bangalore-headquartered Wipro Limited, told reporters in Bangalore.

He pointed out that Greece is just 2.5 per cent of the entire domestic product of the European Union and about 0.2 or 0.3 per cent of the global GDP.

Premji said Wipro is not feeling the "effects" of the eurozone crisis.

First Published: May 21, 2010 16:48 IST