Predicting.....The Indian IT Boom
Sitting with my freinds was analyzing the Indian IT boom. I remember the Y2K days and the DOT com spurt. But the current scenario is built on fundamentals rather than just a boom. But....looks like in the coming six months the dollar issue will hit the profit margins of Indian IT companies. So my forecast is in the coming 6 to 8 months you will see some kind of resource shedding , Appraisal will not be touching the sky and Indian IT will have profit issues
....Just hoping that this fall is not big....
Many may differ this is just my point of view...
Sitting with my freinds was analyzing the Indian IT boom. I remember the Y2K days and the DOT com spurt. But the current scenario is built on fundamentals rather than just a boom. But....looks like in the coming six months the dollar issue will hit the profit margins of Indian IT companies. So my forecast is in the coming 6 to 8 months you will see some kind of resource shedding , Appraisal will not be touching the sky and Indian IT will have profit issues
....Just hoping that this fall is not big....
Many may differ this is just my point of view...
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