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Infosys ex-CFO says automation will impact hiring in Indian IT sector

Indian IT industry has to reconfigure business model, said Balakrishnan

Press Trust of India  |  Hyderabad 

Faced with challenges over tightening work visa rules in key overseas markets, India's IT industry has to reconfigure the business model by increasing offshoring work and hiring locally, a sector expert said. V Balakrishnan, former chief financial officer, Infosys, also said hiring in the information technology sector would further drop following growing automation. Tightening visa rules, particularly in the US and the UK - the industry's two biggest markets - would have short- term impact because it would affect the ability of Indian IT companies to send people on short-term ...

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First Published: Thu, April 20 2017. 19:32 IST
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