If this is a dream, of a person like Narayan Murthy, whom so many Indians revere, then God help Infy !
Though I admire the value systems that Infy has put into place, the reason it is a billion $ revenue company is coz, it was in the right place in the right time. With abundance of cheap labor, not only Infy but many "bania" companies took over low end work of "rich" countries and managed to get some money.
But now, companies like IBM Global Services have entered India and have started giving local companies a run for their money by using cheap labor here. No doubt Infy and Wipro reduced there guidance for coming quarters. That inspite of US economy recovering is only due to these phoren consultancies stealing Infy's share and employees.
No where in his dream does Murthy talk about tapping Indian consumer market, moving up the value chain, developing innovative products.
Unfortunately, with this dream, I don't see Infy's model scalable. Wait for a few years and watch these MNC consultancies and consultancies from other countries including China, eat into Infy's share. Till then, if you are a person doing low end stuff make sure you have enuf hay for rainy day :)
