... of Indian IT industry's stability. The media presence of the IT industry also got a boost because Mr Dewang Mehta had a background in journalism too. Trade Associations Indian IT Industry Economics of Trade Associations Institutional Voids Business Process Outsourcing Global Markets...

... was experiencing commoditization, and other players were willing to compromise on margins. The Indian IT industry had moved up the value chain and competitors were offering consulting services, where there was huge scope for differentiation. Infosys did not have the requisite resources to compete in this domain...