“I joined the IT industry in 1970, and also participated in creating this whole export and serving global customers and so on,” famous the previous Chief Financial Officer and Executive Director of Tata Consultancy Services (TCS) in an interview to P T I.
‘Maha’, as he’s fondly identified within the trade, stated Indian IT corporations have “gone through” the Asian crisis, Y2K, and the 2008 world meltdown when most of the clients have been affected.
“Nothing comes as a comparable thing to what is happening now. This is the most serious one; impact is going to be phenomenal because while essentially IT Industry has proved (its capability)…but we have to ensure that global businesses resume, and it’s going to take time and therefore its a very challenging time,” he stated.
“…Global rules for migration will change, movement of people will change, there are many things that are going to change at this time,” Mahalingam forecast.
He stated so far as export is worried, Indian IT corporations have come out with progressive methods of making certain that supply takes place flawlessly from the nation, and have been delivering service at a really excessive degree even within the lockdown state of affairs.
“That’s a phenomenal kind of thing which shows that both the communication infrastructure as well as ability to come up with remote secure environment has really been extraordinary. That’s a great plus point,” Mahalingam identified.
“Companies (clients) that IT companies serve should be healthy..and that’s something one needs to keep a watch on,” he stated however added that from world worth chain perspective the disaster has confirmed that Indian corporations are very dependable companions.
Post the lock-down interval, Indian IT corporations would see phenomenal quantity of alternative as corporations typically, each personal and authorities, must rethink on their enterprise surroundings.
“…the manner in which we run the business will make people to go for much greater IT enablement, whether it’s digitalisation of companies…this is going to make IT companies to do some innovative stuff, products; there is a huge opportunity,” Mahalingam stated.
IT would play a bigger position in building and manufacturing corporations going ahead, based on him.
“So, I think this has given a lot of food for thought for Indian IT companies as well and government also. If at all one sector…but for their clients not being healthy, that risk is there, which has proved that it can turn this (crisis) into an opportunity and come up with innovative solutions, its the IT sector,” added Mahalingam.PTI RS SS PTI
