Infosys chief and co-founder S Gopalakrishnan has said that the Indian IT
industry would tide over the current downturn and may surpass the   US in
terms of having the largest number of IT
professionals<http://economictimes.indiatimes.com/articleshow/4274786.cms#>in
the world in the next three years.

In the IT revolution, we are at the centre. We are underinvested, but that
is an opportunity. A lot of investment is being done in R&D here because of
the availability of talent. Our education system provides for that,” infosys
CEO and managing director Mr Gopalakrishnan said.

Last week, India's second-largest software company Infosys said that it will
be inducting almost 20,000
engineering<http://economictimes.indiatimes.com/articleshow/4274786.cms#>graduates
this year at over 8.3 per cent higher salary from what was offered
last year, even as the company seeks to cope with a lower demand for
software services in its top export markets of US and Europe.

According to the company, the offer letters and dates of joining have been
sent to the 20,000 freshers (2008-09) and the process of joining the company
will start from June this year. Last year, Infosys recruited almost 18,000
(2007-08) engineering graduates.

B.Karthick
Research Analyst
WWW.KENCES1.BLOGSPOT.COM <http://www.kences1.blogspot.com/>

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