Indian IT firms eye emerging markets as U.S. slows

Posted by on May 11th, 2008 at 06:47pm

Special Finance Leads and Subprime Auto Finance wrote an interesting post today on
Here’s a quick excerpt
Indian IT firms eye emerging markets as U.S. slows May 12th, 2008 By Sumeet Chatterjee - Analysis BANGALORE (Reuters) - India’s export-driven software services companies are shifting focus to emerging economies, such as the Middle East and Africa, where technology spending is growing twice as fast as in developed countries. As the United States, which contributes more than half these companies’ sales, lurches towards recession in the wake of the subprime crisis, companies such as Satyam Comp

Read the rest of this great post here

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