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India’s tech industry could be looking at another refresh

Covid represents a source of immense opportunity for India’s $190 billion software services industry.

By Shelley Singh and Malini Goyal, ET Bureau |Updated: June 10, 2020, 04.06PM IST
In the countless video conferences that have become the hubs of collaboration this pandemic season, a witticism has crossed over from its origins as a WhatsApp forward to become a legitimate presentation-starter. Who has done the most to drive digitisation at the world’s biggest companies? CEOs, CTOs, CIOs or Covid-19? The answer is obvious. As the world hunkers down
bankruptcy. In medium to long term, Covid-19 has accelerated a transition already underway towards Industry 4.0. Digital is the only way to conduct business," says Kris Gopalakrishnan, cofounder of Infosys. Through multiple past disruptions, Indian IT companies have survived, only to grow bigger, leave behind legacy services and move to a different orbit. This time will be no different.

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