Last quarter result of India's outsourcing, IT and software services companies are not overwhelming. Its kind of mixed bag. Though firms have reported financial profits but somehow lost the future vision and goals in the awake of hurdles like:
1.Indian rupee's strengthening against US dollar.
2.Softening of US market
3.Finding specific skillful employees
4.And retaining them
Indian currency, rupee, has risen to an all time high (in the last 9 year) banking on sound infrastructure sector in the country. Foreign direct investment has also saw a quantum leap in the recent weeks. Companies got paid in dollars and make payments in rupees suffered the worst hit. Companies like Infosys, TCS, Satyam, Wipro are still delivering decent results mostly because of their branding in the market, may find it difficult in future to sustain previous rate of growth.
TCS takes outsourcing centres to US
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