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Mood in IT industry positive despite gloom in the economy, says Rekha Menon

By Fortune India

February 18, 2020 at 5:18 PM

Rekha Menon, chairman and senior MD, Accenture in India says for the IT industry, the mood is positive despite an economic slowdown. “Everything is on the upswing, the overall industry grew by 8%, we were all net hirers, we moved into new areas of technology. For us it is a good news scenario in what could be an overall gloom and doom scenaroo,” says Menon.

She spoke to Fortune India on the sidelines of the Nasscom Technology and Leadership Forum (NTLF) 2020 held in Mumbai.

Also Read: Nasscom survey finds CEOs cautiously optimistic about the global economy

Also Read: Must remove the halo that AI is only for the elite, says Tata Sons chairman

Also Read: Nasscom expects revenue to grow at 7.7% in FY20

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Multimedia

Mood in IT industry positive despite gloom in the economy, says Rekha Menon

Also Read

Li-Ion battery costs down 90%; Next-gen low-cost tech to power EV, energy transition

Cognizant Q1 profit dips 6% to $546 mn; revenue down 1%

Godrej group stocks rise up to 9% post conglomerate's split

ICICI Bank denies report of CEO Sandeep Bakhshi looking to resign

Wipro signs 'multi-million-dollar' deal with Nokia; here’s how IT stock reacts