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Indian IT Companies Should Make Inroads In China, Japan, Says Kris Gopalakrishnan

Swarajya StaffNov 30, 2016, 09:13 PM | Updated 09:13 PM IST

IT industry veteran Kris Gopalakrishnan. Photo credit: DIBYANGSHU SARKAR/AFP/Getty Images


Veteran of the Information Technology (IT) industry in India and co-founder of Infosys, Kris Gopalakrishnan said Indian IT companies should make inroads in markets such as China and Japan. He also emphasised the need for these companies to embrace new-generation technology-driven services rapidly.

Gopalakrishnan noted with satisfaction that Indian IT is still growing at 8-10 per cent, given that the global GDP rate is around 2-3 per cent.

Earlier this month, industry body NASSCOM slashed India's software export growth outlook to 8-10 per cent for the current fiscal, on the back of global political and economic uncertainties, slowdown in IT spends by banking or financial services and currency volatility.

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