http://punetech.com/how-is-the-indian-it-industry-handling-the-recession-facts-and-figures-from-nasscom/ Connecting together Pune's Technologists Wed, 08 Feb 2012 09:03:24 +0000 hourly 1 http://wordpress.org/?v=3.3 http://punetech.com/how-is-the-indian-it-industry-handling-the-recession-facts-and-figures-from-nasscom/#comment-6061 Nishit Shah Fri, 17 Apr 2009 06:07:22 +0000 http://punetech.com/?p=670#comment-6061 Looking at the trend of cost cutting accross the globe, more so in the US & Europe which are the core markets of major Indian IT firms, it seems that for the first time in more than 5 years the revenue of companies could decline in FY 10. More over client's first choice of cost cutting is IT expenditure to about 60% of existing cost. What is the road ahead?????? And is this Good time to look out for other sectors?????? Looking at the trend of cost cutting accross the globe, more so in the US & Europe which are the core markets of major Indian IT firms, it seems that for the first time in more than 5 years the revenue of companies could decline in FY 10. More over client’s first choice of cost cutting is IT expenditure to about 60% of existing cost. What is the road ahead?????? And is this Good time to look out for other sectors??????

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