N R N Murthy, co-founder Infosys, may have stirred up a hornet’s nest by saying Indian IT firms behave like immigration agents, but the model that he claims he created to be less dependent on visa’s did not yield the desired results at Infosys, say industry sources.
“I think his comments are a bit exaggerated. The Indian services model is just not about offshore. It is balancing the three aspects-onshore, offshore and near shore- strategy. Rather the investments that have gone to balance these three strategies,” said Sanchit Gogia, chief analyst and CEO, Greyhound Research.
Source: Smart Investor Business Standard