IT industry to grow 15 pc in FY09: Infosys

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Infosys
New Delhi, Dec 4: Infosys Technologies Ltd CEO said he saw the technology sector growing 15 per cent in 2008/09, its chief executive said on Thursday, Dec 4.

"Last year the IT industry grew more than 30 per cent, this year it is looking at somewhere in the region of 15 per cent. So it has slowed down," S Gopalakrishnan told reporters. Infosys would hire the 25,000 people it has targeted for this year, but there would be no fresh recruitments beyond that, except in specific skills, he said. There were no plans to cut headcount, he said. Infosys has seen delays in orders but there was no change in its third quarter guidance, he added.

ANI

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