Two articles from earlier this year paint entirely different pictures of the impact of the current recession on the offshore IT industry. An article in the 6 February 2002 Financial Times ("Indian Software Sector Weathers Global Storm," by Khozem Merchant) says, "Global spending on technology services may be down, but India's competitive software companies, which benefited from the spending binge, are scarcely struggling."
Article
The Impact of the Recession on Overseas Outsourcing
By Ed Yourdon
Posted September 1, 2002 | Leadership | Cutter Benchmark Review
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