Amidst the slowdown and the freeze on recruitment, there is some good news for students graduating next year: Infosys is planning to begin campus recruitment across the country from January 2010.
Infosys Technologies chief executive officer and managing director S Gopalakrishnan, while speaking to reporters after a CII meeting in Hyderabad, said that the company skipped campus recruiting in view of the global economy slowdown.
However, Infosys is now looking at training about 18,000 of its employees under the extended mode till January 2010 and has also enhanced the present training of freshers from three and a half months to six months, said Gopalakrishnan.
He said earlier freshers were put on training in one technology but now they are training in two technologies, adding that "they are better equipped and are more flexible as they are trained in multiple skills."
He said that recruitment and expansion would begin early next year and that the economy too will start looking up by the second quarter of 2010.
On the industries growth prospects he said, "The IT and ITES industry would continue to grow despite the economy slowdown and the growth rate is expected to pick up by mid next year."
Referring to the IT expansion programme in IT industry, Gopalakirshnan said during the last one decade there was rapid expansion in IT and ITES at Hyderabad and there is still potential in Tier-II cities like Vishakhapatnam and Vijaywada keeping in view the availability of infrastructure, international connectivity and manpower.
However, he said that his company has no immediate plans to expand activities in Tier-II cities in Andhra Pradesh. He said that work for Infosys's second campus at the SEZ is expected to be complete by next year.
