Green Shoots for Indian IT

Friends,

So is it a new beginning for our industry - most of the significant firms are getting new business, increments that were held back are now being given and clearly the budgets taht were once frozen are showing signs of a thaw.

The slow period has been good for the industry - it has forced all CEOs to take a hard look at costs and utilisation, the rampant attrition that was affecting predictability and quality has slowed and we are emerging as a more stable industry.

Clearly some of you out there would have been affected adversely but dont lose heart, we are at a new beginning and companies and professionals who focus on results will do even better in the months and years to come

Sincerely

Ganesh

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