Chief Executive Officer and Managing director, Infosys technologies Limited, S Gopalakrishnan told reporters on the sidelines of a CII meeting that companies which skipped campus recruitment following global economic downturn this year, are looking at training about 18,000 of their employees under the extended mode till January 2010.
The recruitment and expansion would begin early next year, he said hoping that economy will revive in second quarter of the fiscal. Economic meltdown affected the growth rate of leading IT companies including Infosys, he said.
Gopalakrishnan expected better performance of IT companies including Infosys in the first quarter results. He said the IT and ITES industry would continue to grow despite the economic slowdown and its growth rate is expected to pick up by mid next year.
Gopalakrishnan said that his company has no immediate plans to expand activities in two tier cities in Andhra Pradesh.
Infosys work for the second campus at the SEZ has already begun and is expected to be complete by next year as the campus with over 10,000 employees in Hitech city was inadequate, he said.
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