| At a time of global crisis, no industry is spared. | | | | projects or wanted to wind off the business from |
| Even the share prices of software development | | | | India are getting back to business. As the result |
| companies that were boasting of doing very well, | | | | Indian software companies are coming back to |
| recently have gone down drastically. In India the | | | | India. This has led to demand of software |
| trend is almost the same, the stock prices of | | | | programs from India. |
| software companies have also reduced. The | | | | As per NASSCOM-McKinsey report, there are |
| Indian markets too have plunged down recently. | | | | numerous opportunities for Indian software |
| Many companies have laid off people, but seeing | | | | companies. They not only have the hold in |
| the global trends, IT specialist say that situation in | | | | domestic market but also in international market. |
| India will stabilize soon. | | | | This report seems to have given both the |
| According to them, India has pool of software | | | | investors in stock market and IT companies a |
| developers who are known for delivering quality | | | | reason to cheer up. In addition to this Finance |
| work. The basic reason behind the decrease in | | | | minister Palaniappan Chidambaram, assurance to |
| prices of computer stock has been President | | | | investor that Indian economy has not been |
| Barack Obama's opinion on outsourcing. But now | | | | affected by the global recession has bought smile |
| when he is in power and has shown a positive | | | | on faces of all. |
| signal on outsourcing, it seems software | | | | With the great news, Indian stock markets have |
| development industry has got back its power. | | | | revived and shares of Software Development |
| The companies who had plans of cancelling the | | | | companies are back on the positive trend. |