Tata Consultancy Services Ltd.

Mr S. Ramadorai, Vice-Chairman of TCS, has projected double digit growth for the IT industry on the back of more than seven per cent projected GDP growth in the current year, pointing out that the industry was coming out of the effects of recent downturn and had started recruitment.
 
Downturn had helped the industry learn things such as functioning efficiently in a period of crisis and achieving proper utilisation of manpower and sharpening skills. The challenges before the industry would now be to convert the deal pipeline into concrete orders and ensure timely and consistent delivery. 
 
Discounting the possibility of India facing serious threat in outsourcing, he said, that outsourcing of knowledge is here to stay and will in the future be accelerated to preserve and increase competitive advantage India still offers western countries a significant differential with the right blend of workers.