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Nasscom’s newly appointed President R. Chandrashekhar has taken over the reins of the industry body at a time when the Indian IT industry is facing multiple challenges.
On the plus side, it is bagging new orders from its traditional and largest clients in the US and Europe. On the other hand, visa fraud issues have marred the image of domestic software exporters.
However, Chandrashekhar and Nasscom Chairman Krishnakumar Natarajan are confident that with Indian companies doing their bit in terms of job creation in the US, all those issues will be addressed.
With the US economy showing some signs of a pickup, Nasscom officials feel the case for outsourcing gets stronger amongst Fortune 500 companies sitting on millions of dollars of cash.
“Growth in 2015 fiscal would be ‘qualitatively better’ but still too early to comment,” said Chandrashekhar.
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