Downfall of Indian IT Service Industry – Is this the end?
Venkat Alagarsamy
![Venkat Alagarsamy]()
Venkat Alagarsamy
Technology and IT Operation leader | Product Strategy and Architecture Expert | 30+ years of Expertise in Building High-Performing Teams and Delivering Innovative Business Solutions
The other day while sipping on my morning coffee, I was reading this article published on “The Economic Times” on Oct 14th, 2016. The article woke me up better than my coffee did. Simply put, the article highlights declining revenue in the Indian IT service industry. It discuses how the Q2-2016 earnings of Tata Consultancy Services (TCS) and Infosys led to financial pundits and analysts forecasting a negative growth graph for the once booming Indian IT sector. The article describes the second quarter as “unusual” –something that will soon become “usual”, if we all don’t see the reality for what it is and take initiatives at least now.
What is the revenue source?
Why is the revenue declining?
What is that the Indian Service Industry can do?
How Modi Government can bail out?
Read the blog to get the inside.