Indian companies free from Obama's ire: Infy chief

Subscribe to Oneindia News

Indian companies free from Obama's ire: Infy chief
Hyderabad, Feb 15: Clearing the air about Obama's outburst against the companies outsourcing to India, Infosys Technologies said that the statement was not directed towards Indian companies.

Stating that Obama's anger was only aimed at US companies operating in multiple countries, Kris Gopalakrishnan, CEO and MD of Infosys said that Indian companies were not the target of Obama's stern words.

"What he (Obama) is talking about is US companies setting up operations outside US. Not about outsourcing to India. That is very clear. But it is not about us as far as I can see," Gopalakrishnan said.

Gopalakrishnan made the statement while addressing a conference on Public Private Partnership for Internal Security-Vision 2020 here.

US President Barack Obama had on Friday, Feb 12, accused US companies outsourcing to India of unfair practices, adding that it was time to withdraw tax breaks to such companies.

Asked whether Obama's remark would lead to Infosys shifting interest from USA to other countries, Gopalakrishnan replied that the company has been already doing it to secure business.

Speaking about the company's recruitment plans for 2010, he said that while the total in take of employees will be decided in Apr 2010, the company has decided to offer campus placement to 15,000 graduates.

OneIndia News

Please Wait while comments are loading...