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Despite talent shortage in IT, India will remain competitive: Infosys CEO

Updated - 9/9/2010 - indiatoday.in.

 

Despite a shortage of talent in the Information Technology sector in India, the country would remain competitive at least for the next five to 10 years, a top official of Infosys said here today.

"Globally there is shortage of IT talent...it is there even in the United States and also in India. But India will continue to be competitive for at least the next five to 10 years," Infosys CEO and Managing Director Kris S. Gopalakrishnan told reporters in Chennai.

Stating that salaries offered would be the same for one employed locally in an offshoring site to one who shifts base from India, he said there would be additional charges by means of visa transportation and family transportation.

Asked whether the US market was passing stringent laws to restrict Indian companies setting up off shore facilities in the US he said the market there is one of the most open in the world, a reason why most Indian companies have maximum percentage of business coming from there.


Read more: indiatoday.intoday.in/site/Story/111908/Business/despite-talent-shortage-in-it,-india-will-remain-competitive-infosys-ceo-.html

 

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