IS THE INDIAN IT STORY
INTERNATIONAL RENOWNED ASTROLOGER K.B.GOPALAKRISHNAN
Feburary,16, 2008 5:30 Am
I was taking classes for one of the
leading mid size soft ware company when some one mentioned on the
future of the information technology. I enquired on the details out
of curiosity. The report was prepared by TCS stating that next 5
years information technology growth will be very good and there will
not be any problems. This report was all presented by many
information technology companies. I use to tell people always say it
is godís grace when situation is positive.
May be the report forget to mention it
was gods grace.
Immediately there was sub prime
followed by rupee appreciation, stock market bashing and TCS asked
employees to leave plus the cut in salary.
The main question here is the future
of the Indian information technology sectors. IF one see the dasa it
was the beginning of the Venus dasa the information technology boom
started-10/ 9 /1989. I still remember as a young man walking in to
office of current satyam computers which was doing work for dun and
brad street. All my friends slowly migrated to USA. Some of them
from middle class back ground could buy themselves car and house.
Information technology became fashionable and working in the soft
ware company could ensure good marriage etc.
If one see the growth, it started with
200% then it became 100% and finally to 28% growth. There has been
gradually decline in the growth, margins and pressures of rupee
appreciation. One of the most robust growth Indian IT companies has
performed by 5% below the indices growth.
Now the Venus dasa is slowly coming to
an end and in 10/ 9 /2009 the dasa of sun begin. In some way we can
say the end of information technology story. The so called media
still thumps on the Indian information technology story. The stock
market pundits still write why the information technology stocks are
still a great buy .
Following is the long range and short
range predictions for information technology sector
The rupee will continue to increase
against dollars. This will put a lot of pressure in information
There will be less recruitment speed
in the IT companies.
There will be also the problems till
June 2008 for short run.
In the medium run the sector is
poised for some growth but not on the verticals they are operating
Finally as the sun dasa begins it
will bring down the rate, pace and volume of growth in this
Success story will be there, but not
the way these companies boomed and groomed many people. This will
also be a me too sector. in next 5 years one can see gradual and
sure decline of these company
Any way the great parashara stand the
test of the time. What happens at the end of the dasa will tell what
will happen at the next dasa. This is dasa chidra time for Indian
with new icons coming and old icons dropping.