Who says that recession in US is going to hit the IT industry? IT industry is still very strong irrespective of the rupee appreciation. But as reported by TOI and other news sources, there is a definite glut in the apartment supply. But even if there is a crash, the prices will still not affordable.
RE:Indian IT is still strong
by Gautam Sinha on Dec 14, 2007 05:52 PM Permalink
well said. the general view is that recession will leaqd to cost cutting and hence more outsourcing. It is only originations industry which may show a dent else IT is poised to grow
