March 16th, 2009 
Tushar Mathur
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 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 Gopalakrishnan said.
Last week, India’s second-largest software company Infosys said that it will be inducting almost 20,000 engineering 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.
Agencies
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