Government IT spending is expected to grow by 40% supported by a 20% growth of the Indian market this year says, leading information technology company, Infosys’ Chief Executive Officer, S Gopalakrishnan. In an exclusive interview with CNBC-TV18, he says that the company is in talks with the government for four to five deals.
Further, he goes on to say that domestic banks are increasing their IT spend significantly. “The banking sector has upped its IT spends by 50% for the year.”
The placement season has seen quite a vibrant start with most of the IIMs placing a majority of their students with attractive packages. Commenting on the company’s hiring scenario, Gopalakrishnan says Infosys will be employing 20,000 freshers from campus for 2010.
IT companies, Gopalakrishnan says, are vulnerable to online hacking frauds. Therefore Infosys is beefing up its online security post Wipro fraud, he adds.
Source:http://www.moneycontrol.com/news/business/govt-spendingit-expected-to-grow-by-40-infosys_445926.html
