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India has a bright future in software: Premji

Dharam Shourie in New York

India has a bright future in the field of computer sofware as it is a cost and technology-effective country, Azim Premji, chairman of IT major Wipro, said.

"It is not only the big companies which have earned India a name in this field. There are several smaller companies which are doing an excellent job, producing quality software and providing great service to clients," he said during an informal luncheon meeting with journalists and academics on Tuesday.

"The reason is that India is cost-effective, technology-effective, quality-effective and efficiency-effective," Premji said.

Computer professionals are getting so many opportunities in the country that they not go out to other states just for jobs, he said, citing the recent recruitment by German government which had the target of recruiting 20,000 professionals, but could get only 1,300.

The computer firms in India have restarted hiring, and those seeking jobs would find greater opportunities now, he added.

Replying to a question, he said his company was considering opening another hub outside India. Among the places being considered are the Philippines and Vietnam, he added.

On Wipro's recruitment policy, he said: "To be a truly global does not mean getting business from all over the world. But it means that the company should recruit locally. Wipro would like to have local managers also."

Replying to a question, Premji indicated that Wipro, which has struck a deal to acquire the global energy practice of American Management Systems, might go in for more acquisitions but did not elaborate.

Asked whether the businesses, especially software industry, had prevailed over the government not to attack Pakistan as it would affect the economy, he said the Indian government had acted very maturely during the crisis.

Which other country would have acted with the restraint shown by the Indian government when Parliament was attacked by terrorists? he asked.

He also said that the travel advisory issued by the United States in India had unnecessarily, created problems.

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